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Tata Nano On Its Way To Pakistan
IMCG has said it intends to import the Nano. The firm is also interested in importing Tata Motors' CNG powered buses. Pakistan's import policy resricting the number of imported vehicles has curtailed the import of these buses. IMGC Global Chairman Amjad Rashid said he had spoken to Indian commerce officials on RBI's restrictive policies and had sought their removal. Mr Rashid said his company had obtained a letter of intent from the Tata Motors regarding the Nano.
Tata officials had visited Pakistan two years ago and had held meetings with senior government officials. They had even offered to donate some CNG buses. However the deal fell through after terrorists targetted the Taj Mahal Palace Hotel, owned by the Tatas, in Mumbai.
Mr Rashid has been bouyed by the recent increase of talks between India and Pakistan and he has also been part of the meetings held during Indian commerce secretary Khullar's visit to Pakistan. Pakistan considers India as a source of low cost technology and the Tata Nano is a prime example with a starting price tag of just Rs one lakh.
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