Tata Nano could enter neighbouring countries such as Sri Lanka and Bangladesh either this year or the next.

With trial production already commencing at Sanand (Gujarat), the company is evaluating options to export this model to nearby countries even as it prepares to launch the electric version of the car in Europe by 2013, vice chairman Ravi Kant said after showcasing the electric Nano at the Geneva Motor Show on Tuesday.

He also indicated a possible increase in the price of Nano cars to be sold after December.

“We are currently making the Nano at Uttarakhand where as such there is no impact of excise increase from the Budget. But margins have been impacted because parts supplies largely come from outside… We will take a call (on price hike). Our commitment to keep the Rs 1 lakh price was for the first lot (deliveries under which end in December) and we have kept that promise,” Kant said.

He also pointed out that the company was considering both options —- taking the allotment route for the second batch of Nano cars, which will roll out of Sanand or selling them (like any other car) in the open market.

The first car is expected to roll out of Sanand next month.

Source DNA