World acclaimed Tata Motor's small car Nano may drive into the Thai and other markets in the South East Asia, a Thai investment agency official said.
"They (Tata Motors) have plans to introduce Tata Nano in future (in Thailand) for the economic segment of the market and probably plan to expand by taking it to neighbouring countries in ASEAN," Thailand Board of Investment (BOI) Secretary General Atchaka Brimble said in New Delhi.
This is a strategic move by the company to use Thailand as manufacturing base to export its products to other countries, she added.
Thai Minister of Industry Chanchai Chairungruang visited Tata Motors' plant in Pune on Wednesday.
Abhichet Sitakalin, Sales Director, Tata Motors (Thailand) which is a joint venture of Tata Motors and Thonburi Group said, the Thai Industry Minister appreciated the Nano.
On being asked when would Nano hit Thai roads, he said, "It is too early to say anything".
"Tata Motors, the best known Indian car maker, will expand the market to ASEAN countries for the export base to the world," BOI, the investment agency of the Government of Thailand said in a statement.
Tata Motors had earlier announced introducing Nano, which was launched in India on March 23 this year, in Europe by 2011 and exploring possibilities to launch the car overseas too.
Besides, Sitakalin said Tata Motors (Thailand), which currently produces Xenon here, is targeting to tap five per cent of the country's pickup vehicle market by 2014.
"We want to have five per cent share in five years from now," Sitakalin said, adding that the world's second largest pickup vehicle market Thailand has a size of four lakh units a year.
The Thai venture of Tata Motors has set up a plant in Bangkok for producing Xenon with a capacity of 20,000 units per annum.