NEPAL: Tata launches Nano – at a price

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Tata Motors has given its Nano, billed as the world's cheapest car, its second international launch in a month. First it was the turn of Sri Lanka. This week the car has been launched in Nepal where, because of customs duty and taxes of up to 240%, the car will be more than three times the Mumbai tag of as little as INR1.51 lakh (INR151,000; US$3,300).