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Tata Motors May Sell Nano Car in Thailand, Sri Lanka

Tata Motors Ltd. may expand sales of the Nano, the world’s cheapest car, to countries such as Thailand, Sri Lanka and Bangladesh as early as this year as demand for the egg-shaped vehicle rebounds in India.

“We will go after these markets one after another,” Tata Chief Executive Officer Carl-Peter Forster said yesterday at an auto-industry event in Bochum, Germany. “The Nano is a raw diamond that needs polishing.”