"After the Nano car project, Gujarat will make an important place in surface transport."

To begin with, Tata Motors would produce 2.5-3 lakh cars annually and the capaicty is expandable up to five lakh cars per annum, Tata said.

When asked about the timing of launching Nano, Tata said, "It will be our endeavour to be close to the timeline so that we can keep our promise."

He, however, did not specify any timeline and said the company would make an announcement in this regard later.

"Building this plant in Gujarat will take some time and we have some make-shift plan to introduce Nano in the market in the interim month while the plant is being built," he said.

A company statement said it would explore the possibility of manufacturing Nano at its existing facilities in Pune and Pantnagar and would launch the car in the last quarter (Jan-March) of the current financial year.

Meanwhile, reports from Uttarakhand said 'limited production' of the world's cheapest car will take place in Pantnagar.

"Tata Motors officials have conveyed to the state government that limited production of Nano will be held in Pantnagar despite their decision to take the mother plant to Gujarat," said Uttarakhand media advisory committee Chairman Devendra Bhasin quoting Chief Minister B C Khanduri.

Tata Motors also plans to have CNG, electric and exports variants manufactured at the mother plant in Sanand, Tata said.

Talking about the size of investment, company's Managing Director Ravi Kant said it would be about Rs 2,000 crore.

... contd.