News for 'tata-motors-distribution-co'

Uttarakhand eyes Rs 200 crore from Nano sale

Uttarakhand government has written to Tata Motors, asking the auto major to sell a majority of the Nano cars through its new subsidiary, Tata Motors Distribution Co Limited, which was recently floated at Pantnagar. Through the sale of the Nano cars and other commercial vehicles which are being manufactured at Pantnagar, the state government is hoping to earn additional tax collections of Rs 100 crore to Rs 200 crore through a 12 percent VAT.