The trial production of Tata Motors` Rs 1-lakh car `Nano`, would start in June or July.
Tata Motors Managing Director Ravi Kant said this who was at Singur (WB) to review the progress of the construction of the factory along with other senior officials of the company.
He said, within two months of start of trial production, commercial production of the small car would begin in the second half of the next financial year, preferably in October.
Tata Motors showcased Nano on January 10 at an auto show held in Delhi. The company plans to produce 250,000 units of Nano from Singur.
A number of auto component manufacturers are also geared up for their manufacturing units near the plant area for the small car.
Shares of the company declined Rs 32.2, or 4.36%, to end at Rs 705.7. The total volume of shares traded was 75,895 at the BSE. (Wednesday)
No comments:
Post a Comment