Tata Mo­tors Un­sure of Nano’s Fu­ture

The Economic Times - - Companies: Pursuit Of Profit - Press Trust of In­dia

Mum­bai: Re­main­ing non­com­mit­tal over the fu­ture course of Nano, Tata Mo­tors said the de­ci­sions will be taken in align­ment with the board as the time and the need ap­pears.

As it pre­pares to be fu­ture rea- dy, Tata Mo­tors is find­ing it dif­fi­cult to an­swer queries on whether Nano will be a part of the jour­ney ahead as the is­sue is prov­ing to be a sen­si­tive one in­volv­ing those at the top level of the Tata Group. Al­though the com­pany has adopted a new pas­sen­ger ve­hi­cles (PV) strat­egy with an aim to achieve “sus­tain­able fi­nan­cial per­for­mance” and to be amongst the top three PV mak­ers in In­dia by 2019, its top man­age­ment is shy to elab­o­rate what role will Ratan Tata’s dream project play go­ing for­ward.

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