Tata Motors will distribute 60,000 Tata Nano cars by next year while remaining committed to handing over the first one lakh cars by 2010 once its mother plant in Sanand goes on stream.
Tata Motors Chairman Ratan Tata said that the new plant in Sanand will be ready for production by the end of this financial year. The Sanand unit will have a production capacity of 2.5 lakh units per annum.
"In the meantime, the Nano is being produced in other plant facilities so as to enable around 50,000-60,000 cars to be available to customers over the next 12 months until the main new facility in Gujarat comes on line," Tata told shareholders in the report.
The company's manufacturing unit at Pantnagar has an annual capacity of 50,000 units.
"Once the upcoming Sanand facility comes on line after completion of the last quarter of this financial year, it will supplement Pantnagar, completing the first 1,00,000 deliveries in October-December 2010." said a Tata Motors spokesperson.
"The equipment from the plant in West Bengal, which was 95 per cent complete, was dismantled and is being transported to Gujarat," he added.
Tata conceived the Nano project in 2003 and has cost over Rs 2,000 crore to the company. Tata Motors launched the car on March 23 this year and delivered it to the first customer last month.