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Nano sweeps Nepal: 350 bookings in 10 days

KATHMANDU, JUL 9 (IANS)
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Published on 10 Jul. 2011 12:06 AM IST
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 “People’s car” Nano is poised to sweep Nepal with over 350 bookings in just 10 days since the world’s cheapest four-wheeler was launched in the Himalayan republic June 26. Sipradi Trading, the exclusive dealer of the Tata Group’s vehicles in Nepal, said the majority of buyers - almost 40 percent -- ordered the Nano Standard, priced at NRS 7.98 lakh in Nepal (about `5 lakh in India). Though the Nano in Nepal costs almost five times as much as in India, thanks to whopping 240 percent taxes, it is still the cheapest car in Nepal with its nearest competitor, the Maruti 800 priced at about NRS 14 lakh. The introductory price of the Nano remained valid for the 10 days of the first phase of booking.




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