Abdul Matlub Ahmed, chairman of Nitol-Niloy Group said the company was planning to import about 2,000 units of the Nano as part of the first consignment. The number is set to increase further as and when demand increases. He is confident the Nano will emerge as a success in Bangladesh.
The Tata Nano is the world's cheapest car. However its price in Bangladesh will not be close to what we see here in India. The Tata Nano's price in Bangladesh will be about 500,000 Takas. This will translate to about $6,000 or Rs.3.2 lakhs.
There are not many Indian cars sold in Bangladesh. The most popular cars are imported used cars fro Japan. The Ambassador is the only car that you might find here and most of them are used as taxis. The Japanese cars are considered expensive but are appreciated for their quality and reliability. The Tata Nano could be the first Indian car to make an impact in the passenger car segment in Bangladesh.
The Tata Nano could also be built in Bangladesh if there is sufficient demand. The Nitol-Niloy Group is planning to set up an assembling unit if demand increases by next year. Mr Abdul Matlub Ahmed is expecting annual sales of about 10,000 units per year in a few years.