Sipradi Trading, the official distributor of Tata vehicles for Nepal began deliveries of the Tata Nano yesterday. About 250 Nanos will be delivered to customers over the next few days. Sipradi had booked 352 units of the vehicle last month anticipating a good demand despite their country’s anti-CBU duty structure.
In the first stage customers purchasing with full cash and those in possession of documents processed by the bank will receive their keys. Once the bank completes formalities with other customers, they will be allowed to take delivery of their vehicles.
Sipradi says cars will be delivered to the door step of customers. If not, they can come to Kathmandu to pick up their vehicle.
Bookings for Nano resume today in Nepal.
The Tata Nano has one eye crying and one beaming with joy. Let us explain.
In Nepal -
Tata Motors and Sipradi Trading, the official distributor for the Nano had started a country-wide rally, called ‘Nano Yatra Nepal’, on June 1 from Kathmandu. The Nano covered a distance of 40,000 km visiting in excess of 15 landmark destinations. The Yatra gave Nepal the first look at the little car that had already been doing rounds around the world using newspapers and internet for good and bad reasons. The Nanos returned to Kathmandu after completing the journey with a recorded mileage of 20.3 kmpl, the best for any petrol car in Nepal in that segment. The Nano costs three times what India pays due to their country’s lofty excise duties.
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Three days after the launch of the Tata Nano in Nepal bookings crossed 200, reports coming in from Nepal inform us. Bookings were opened for ten days on June 26.
Within days of launch, despite a heavy custom duty and a bare bones nature, the Nano has done better than many expected.
The Nano is priced starting at NPR 7.98 lakhs (converts roughly to 4.94 lakh Indian rupees). The Standard model can be booked for NPR 10,000, the mid CX for NPR 20,000 and the top-end LX for NPR 30,000. The EMI is set at NPR 11,111.
Sipradi Trading Company is the distributor for the Nano and Tata products in Nepal. Officials at the distributor level said the little Nano has attracted large crowds at showrooms and constant bookings are streaming in.
Activities around the Nano began during the beginning of June with the Nano driven around Nepal in a Yatra that doubled up as an endurance run in Nepal’s terrain and weather.
Tata has launched the Nano in Sri Lanka where many vehicles have been bought by a local company to be used as an air conditioned taxi cab. Back home people are eagerly waiting for diesel, LPG and CNG editions of Nano with more features such as power steering and better brakes.
Yesterday Tata Motors launched the Tata Nano in Nepal. This is the Nano’s second overseas adventure. Last month it was put on sale in Sri Lanka where it began replacing 3-wheelers. The Nano will be sold through 14 outlets of the company’s distributor Sipradi Trading Pvt. Ltd. Sipradi is confident that the country wide dealer network will attract buyers as the Nano has the good maneuverability and excellent in-city performance.
The Nano’s price in Nepal is NPR 7.98 lakhs (1 Nepalese rupee = 0.62 Indian rupee). Tata is adoption a similar booking strategy in Nepal with the first phase, open from yesterday, for a period of 10 days. The Nano Standard can be booked for NPR 10,000, the Nano CX for NPR 20,000 and the Nano LX for NPR 30,000. The EMI is set at NPR 11,111.
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The first Tata Nano arrived in Nepal earlier this week and began the “Nepal Yatra” a nearly 40k km endurance drive to see how it copes with Nepal’s road and weather conditions.
The test vehicles will pass through the Nepali plains, mountails and hills. Sipradi Trading, the sole dealer for Tata Motors products, will begin selling the Nano for a price of 5-7 lakh Indian rupees once the test concludes and reports emerge, thanks to the an anti-CBU duty structure. Tata hold 22% of the passenger car market in Nepal with Vista currently as its best seller.
The bookings for the cars will probably start at the end of this year. We are getting as much as 20 enquiries a day for Nano. We already have a list of 4,000 persons who are most likely to buy the car. Our 100 engineers are soon leaving for India to get trained about the technicalities of Nano. Trainers from Tata Motors are also coming here to impact necessary training to our mechanics.
An official at Sipradi Trading – the authorized distributor for Tata vehicles in Nepal, while speaking to a Nepalese daily on the Nano’s plan for their country.
Tata Motors would soon begin exporting the Tata Nano to Nepal from next month onwards, reports Indian Express. The Nano however would not be as cheap as it is in India, as Tata could price the vehicle at 7 lakh Nepali Rupees (NPR) which equates to 4.36 lakh Indian Rupees.
The cost of the Nano is tripled in Nepal, thanks to the 300% excise duty. The price the Tata Nano, at which it would be sold for in Nepal is in fact much more than what the Tata Nano Europa could cost.
Sipradi Trading Company would be Tata Motors’ distributor in Nepal. Sipradi Trading’s CEO, Shambhu Prasad Dahal said the company will receive the first lot of 5 Tata Nanos by July end. These 5 Nanos would be put for a test run in Nepal before Tata starts exporting large volumes of the Nano.
The Tata Nano is a perfect car for developing countries and Tata would look at many similar export markets which need low cost cars and where there are no stringent safety regulations.
But with Tata Motors having an order backlog of more than one lakh Nanos, the export of Tata Nanos to foreign markets could anger customers who have been waiting for their Nano patiently right here in India.
