The Tata Nano goes on sale in Bangladesh from early next month, the local distributor said.
“We plan to import up to 2,000 cars initially but the figure will be raised with increased demand in the country,” Abdul Matlub Ahmed, chairman of Nitol-Niloy Group, told Economic Times of India (ETI).
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The Nano was likely to cost around 500,000 taka (US$6,098) in Bangladesh, Ahmed said but the price may vary depending on the government’s decision on customs duty.
Used cars from Japan are most popular in Bangladesh for their high quality and reliability but they are expensive.
Previously, Indian cars could not access the Bangladesh market, except for some Hindustan Ambassador taxi cabs.
The Nano was scheduled to be launched in Bangladesh last October but the pricing issue delayed it, ETI noted.
Ahmed said his group was eager to set up a Nano assembly unit in Bangladesh by the end of next year if demand for the car soars.
Ahmed said he expected Nano sales in Bangladesh could reach 10,000 annually in the next couple of years.
