The International Multi Group of Companies, a Pakistan-based business conglomerate with highly diverse interests, wants India and Pakistan to reconsider trade agreements for them to import Nano and CNG Buses from Tata Motors.
Pakistan allows a limited number of vehicles to be imported and instead encourages manufacturers to assemble cars to help develop the local economy. The second bottle neck standing in the way is the RBI’ policy of not permitting joint ventures or investments in Pakistani soil.
A low-cost vehicle like Nano will sell in large numbers in similar terrains and IMGC would like to capitalize on this opportunity and the global buzz Nano’ price, features, fire cases and political controversies managed to generate.
Given the extraction of international terrorist Osama Bin Laden by special forces from United States, not very far away from a military installation in Pakistan, happened only days ago, investments in Pakistan will be a call that foreign business houses will not take at the moment.
If Big Bazaar and Westside were not enough, Tata is planning to open exclusive showrooms just for the Nano.
Tata Motors spokesperson told PTI -
We are exploring appointing full fledged dealerships only for the Tata Nano in small towns
The company wants to replicate the success that it garnered with their mini truck – Ace, which has 600 standalone stores alongside normal dealerships in the country. As of now, Tata Nano is available through the company’s 617 regular dealerships, 151 Tata authorized service centers and can be experienced at 210 access points including Big Bazaar and Westside.
To be honest, we think that it is a bit of a wasteful expenditure to have exclusive dealerships just for one car. This will not only eat through the profits but will eventually lead to rise in the prices of the Nano itself. If they really want to increase the reach of the Nano is small towns and villages, they might as well have exclusive tie ups with rural shopping malls such as Aadhaar, Kisan Sewa Kendras and e-chaupals to sell the Nano.
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The International Multi Group of Companies, a Pakistan-based business conglomerate with highly diverse interests, wants India and Pakistan to reconsider trade agreements for them to import Nano and CNG Buses from Tata Motors.
