After Nano, Tata launches millionaire’s car in Nepal
July 14th, 2011 - 3:51 pm ICT by IANSKathmandu, July 14 (IANS) Within three weeks of launching in Nepal “people’s car” Nano, the least expensive car in the world, the Tata Group is now seeking to consolidate business in the Himalayan republic by unveiling its millionaire’s car, the Tata Aria.
Sipradi Trading, the sole dealer of Tata vehicles in Nepal, this week began marketing the luxury car in its three versions, the Aria Pleasure, Aria Prestige and Aria Pride.
Unlike the Nano that cost under NRS.5 lakh in Nepal during the introductory offer and could be booked with a down payment of only NRS.10,000 - less than Rs.7,000 - the Aria is intended for the other end of the consumer spectrum.
The lowest price is NRS.47.9 lakh while in India the same model would cost about NRS.24 lakh.
The sizeable difference in prices in Nepal and India is due to the whopping 240 percent taxes imposed by Nepal, including customs duty, VAT and other taxes.
(Sudeshna Sarkar can be contacted at sudeshna.s@ians.in)
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- Nepal to test-drive Nano next month - Jun 25, 2010
- Tata Motor's launches Aria 4x2 - Aug 02, 2011
- Tata Motors launches crossover car Aria - Oct 18, 2010
- Tata Motors tweaks Nano, claims improved mileage - Nov 21, 2011
- Uttar Pradesh, Bihar turning Nepal into hub of small arms - Jun 16, 2011
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- Nepal becoming dangerous destination for Indian businessmen - Jul 14, 2011
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- Bihar farmer becomes Nepal's leading arms dealer - Mar 04, 2011
- Indian telecom JV reels under step-motherly treatment in Nepal - Jan 18, 2011
- Nepal seeks Rs.3 bn credit guarantee from India - May 02, 2011
- Tata plans 100 utility vehicle showrooms - Aug 10, 2011
Tags: aria, customs duty, expensive car, India, july 14, kathmandu, lakh, luxury car, millionaire, nano, nepal, nrs, pleasure, prestige, pride, sole dealer, spectrum, tata group, vat