New Delhi: Tata Motors exported its 'people's car' Nano to the overseas market with shipment of 498 units in April. A formal announcement will be made soon in this regard.

As per the figures released by Society of Indian Automobile Manufacturers (SIAM) on Monday, Tata Motors exported 498 units last month as compared to just a single unit in the corresponding month last year.

The company, however, declined to share details such as which are the countries where Nanos have been dispatched in last month.

"For various reasons, we need to send out the cars. If we want to market and sell a car tomorrow, then it cannot be started immediately tomorrow,” said Tata Motors spokerperson.

Last month, the Tata group had said Tata Motors was "at a very high stage" in finalising a production site for its small car Nano at an overseas location, which could be either in Latin America, South East Asia or Africa.

When asked about a time-line to produce Nano in any of the overseas locations, Tata Industries Managing Director Kishor A Chaukar said, “The work is at a very high stage.”

He said that the automobile major was exploring various options at different places and looking at uninterrupted supply chain for the components.

Apart from considering land building facilities availability, Tata Motors is looking at supply chain availability and at the accessibilities of markets.

Besides, the company was exploring possibilities in different neighbouring nations such as Nepal.

He, however, had said the price of Nano could touch NPR 700,000 (about Rs 4.5 lakh) because of the 300 percent customs duty in the Himalayan Kingdom.

The company was expected to launch the car in Europe by 2011. The version in Europe is said to have airbags, central locking and would be Euro V emission norms compliant.

Although Tata Motors did not disclose any price tag for the Nano Europa, British media had predicted a price of over USD 6,000.