23 February, 2018
Tata Motors, along with its distributor, Sipradi Trading Pvt. Ltd announced its entry into the growing Compact SUV segment in Nepal with the commercial launch of the new Gen-next lifestyle SUV, the Tata NEXON on 22nd February. It is Tata Motors’ fourth product based on the ‘Impact Design’ philosophy. Combining contemporary design with best-in-class technology and features, the Tata NEXON is intended for customers who like their car to make a unique style statement.
Launched at an introductory price of Rs. 32,75,000 for the petrol variant and Rs. 41,55,000 for the diesel variant, Tata NEXON is one of the most competitively priced SUVs in its segment. The vehicle is available for sale in 20 authorized sales outlets across Nepal.
Speaking at the launch, Mr. Sujan Roy, Head – International Business, Passenger Vehicle Business Unit, Tata Motors, said, “As part of our business strategy, we are renewing the focus on filling product gaps and tapping emerging white spaces. We introduce products that not just enhance the brand but are aligned with the rising aspirations of customers. The Tata Nexon It is the culmination of this radical shift in thinking and will further expand Tata Motors’ addressable market.”
Unveiling the Tata NEXON, Mr. Siddhartha SJB Rana, Executive Chairman, Sipradi Trading Pvt. Ltd., said, “With the launch of the Tata Nexon, we have now expanded our business beyond hatchbacks and sedans. This is our first big step into the Compact SUV segment, and we are proud to do it with a high-quality product from the house of Tatas.”
The Tata NEXON is a revolutionary design of “breaking the box” with an aerodynamic silhouette. This enhances its sporty character and marks an evolution in SUV design by combining the functionality of an SUV with style of a sports coupe.
Tata Nexon is available in four variants (XE, XM, XT, and XZ+) and five colours (Vermont Red, Moroccan Blue, Seattle Silver, Glasgow Grey, and Calgary White), with a standard warranty of 75,000 km or 3 years, whichever is earlier.
For more details on Tata NEXON, please refer to adjoining annexures or visit www.tatamotors.com.np
About Tata Motors
Tata Motors Limited, a USD 42 billion organisation, is a leading global automobile manufacturer of cars, utility vehicles, buses, trucks and defence vehicles. As India’s largest automobile company and part of the USD 100 billion Tata group, Tata Motors has operations in the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 76 subsidiary and associate companies, including Jaguar Land Rover in the UK and Tata Daewoo in South Korea. In India, Tata Motors has an industrial joint venture with Fiat. Engaged in engineering and automotive solutions, with a focus on future-readiness and a pipeline of tech-enabled products, Tata Motors is India’s market leader in commercial vehicles and among the top in passenger vehicles with 9 million vehicles on Indian roads. The company’s innovation efforts are focused on developing auto technologies that are sustainable as well as suited. With design and R&D centres located in India, the UK, Italy and Korea, Tata Motors strives to pioneer new products that fire the imagination of GenNext customers. Abroad, Tata cars, buses, and trucks are being marketed in Europe, Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia.
Sipradi a major player in AUTOMOTIVE & ALLIED business and is one of the largest and most prestigious brands in Nepal. 34 years down the line, Sipradi has exceeded USD 350 million annual revenue and is growing rapidly in automotive, energy, lubricant, financial services, and equipment businesses. It has 750 employees and 650 support staff working to a common goal – to deliver quality products and services while adding synergy to the growth of overall brand value. Sipradi Trading Private Ltd (STPL) has been the exclusive distributor of Tata Motors Ltd in Nepal since 1982. STPL is an ISO 9001:2008 certified company. STPL sells and services the full range of Tata Motors’ commercial and passenger vehicles. The company has the largest sales and service distribution network throughout Nepal. It has 18 sales offices and 24 service centers dedicated to Commercial vehicles manufactured by TATA Motors Ltd., India. It has 20 showrooms and 25 service centers dedicated to Passenger Vehicles manufactured by TATA Motors Ltd., India. It also has more than 300 spare parts outlets across the country. Sipradi is also the distributor of Exide Batteries, Mak Lubricants and Michelin tires.