Saturday 15 October 2011

Brazil wants to Tata Motors to take Nano to its market

  • Saturday 15 October 2011
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  • Tata Motors started exports of completely built units (CBU) of Nano to Sri Lanka and Nepal earlier this year, and is considering the option of assembling the car abroad, through the completely knocked down units (CKD) route. Anastasia also sought Indian investments in sectors like energy, automobiles, aeronautics and IT to strengthen the bilateral commerce between the two countries. 'Brazil and India already have good relationships. We want to strengthen them lot more. We invite big corporates to invest there,' he said here at a function.
    He also said that Indian corporates such as Infosys must expand their presence in Brazil. The bilateral trade between the countries stood at $7.51 billion in 2010-11.

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