Tata Motors hikes Nano price

The average increase is about Rs 9000/ (ex-showrooms), with prices varying from city to city and model to model, a Tata Motors press release here said.

As of now, Tata Motors has announced open sales of the Tata Nano in the states of Kerala (since August this year) and Karnataka, Maharashtra, Uttar Pradesh and West Bengal (since October).

The company has tied up with 39 Banks, NBFC, Cooperative and Gramin Banks to offer customers with loans for purchasing the Tata Nano at attractive rates of interest. More such arrangements are in process. As a result of these tie-ups, the Tata Nano can be owned at an EMI of less than Rs. 3000

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