TATA to build permanent Nano facility at Pantnagar
According to the Uttarakhand government, TATA Motors had agreed to set up a permanent satellite plant at its Pantnagar facility for producing the small car.
Mr Indu Kumar Pande chief secretary, government of Uttarakhand said "TATA Motors has given us a commitment that it will set up a permanent satellite facility at Pantnagar for producing Nanos."
Mr Pande said from the Pantnagar industrial unit, from where the company would launch its first car, TATA Motors is planning to produce a total of 50,000 units per year. TATA Motors was given over 1,000 acres at Pantnagar by the state government for setting up its manufacturing facility.
Besides, the auto major has also agreed to distribute all its Nano cars from Pantnagar through its new subsidiary, TATA Motors Distribution Company Limited.
(Sourced from Business Standard)
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