During the festive season, dealers of Tata Motors reported a robust pick-up in demand for the Nano.
The company is currently developing the electric Indica with a Norway-based firm for launching the car in the European market by 2011.
There are about 70,000 Nanos on the roads now.
Ravi Kant, who joined the company in July 2000 as executive director (commercial vehicle business unit), was appointed as managing director on July 29, 2005.
After starting exports of its mini truck Ace to Sri Lanka, Tata Motors is gearing up to penetrate a large number of foreign markets with the vehicle for which it is developing an upgraded version.