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Egypt invites TATA Motors to build Nano
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Sunday, 20 Dec 2009
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Mint newspaper reported Egypt has invited India's TATA Motors to build a factory to make the Nano, the world's cheapest car, in the African country for the local market and sales elsewhere.

The newspaper quoted Mr Mohamed Higazy Egypt's ambassador to India as saying that "Egypt is seeking consent of TATA for left hand drive Nano to be produced in Egypt, where a huge market is expected not only internally but in the left-hand drive market in the Middle East and in Europe.”

Mr Higazy told the paper the company would consider the proposal after the initial phase of the Nano launch.

The paper quoted a TATA Motors spokesman as saying that "While TATA Motors has said that the TATA Nano and its variants will also be introduced in other countries, the company has not decided on its manufacturing strategy (in other countries), let alone Egypt.”

(Sourced from Reuters)

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