Wednesday, July 9, 2008

Tata Nano having difficulties to maintain the $2,500 USD selling price



Brainchild of Ratan Tata (Pictured above) the Tata Nano, a revolutionary car aimed to sell at just RS 1 Lakh ($2,500 USD) is having difficulty to maintain the selling price as steel prices had risen by almost 50% since the car was announced, and will continue rising till god knows where.

Not to be worried about, Tata, one of the largest conglomerate in India is also the new proud owner of Jaguar and Land Rover; had already met their suppliers to gain the support for absorbing part of the cost incurred as well to achieved their goal of mobilising millions of Indians with their revolutionary cheap car. (Nightmare for Road Transport Ministry in India? You bet.)

Check out the video below to begin imagine million more Indians driving: