Friday, May 6, 2011

Tata Nano Is Expected To Drive In Pakistan

Tata Nano is getting ready for the Pakistan roads. Tata Nano is expected to drive into Pakistan only if the problem s between jv and investment is solved by both countries governments. Pakistani multinational company shown their interest in Tata Nano and CNG Buses. However, due to restrictions on the commercial policy of Pakistan, a plan to import CNG buses from India has been delayed. As with the current standards of the commercial policy of Pakistan, the vehicles are assembled in the country generally binding. On the other hand, the policy of the Reserve Bank of India do not allow investments and joint ventures in Pakistan.

Tata Nano

In a statement given to PTI on Tuesday, IMGC Global Chairman Amjad Rashid said, "We already have a letter of intent with the Tata Group as we were interested in their CNG buses. At a later stage, if restrictions in the trade policies of both India and Pakistan are removed, we are interested in bringing the Nano to Pakistan."

Mr. Rashid added, "We raised these issues with Indian Commerce Secretary Rahul Khullar when he was in Islamabad last month for talks with the Pakistani Commerce Secretary and he promised to get these restrictions removed."

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