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The world’s
cheapest car, the Nano produced by Indian carmaker Tata Motors, is likely to be
manufactured in Indonesia, a report said on Monday.
The Bangkok
Post reported that Indonesia had appeared to win out over Thailand as the
production base for the vehicle.
The
newspaper, quoting an unnamed source, said that as Indonesia had “offered more
attractive incentives, Tata decided to shelve the expansion plan in Thailand.”
Reasons
included Thailand’s lack of political stability and automobile tax structures.
The Post
reported that Tata was hoping to produce 50,000 Nanos a year at a plant in
Jakarta from 2013.
“It plans
to export the cars to Thailand, Malaysia and the Philippines as it is banking
on their large populations and big demand for low-cost cars.”
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