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Poor man's car hits roads
Tata unveils Rs 1 lakh Nano
1/10/2008 10:25:48 PM
New Delhi | Jan 10
Finally Ratan Tata's dream, a small car for the teeming millions, has been unveiled. Christened the "Nano", it for sure is a stunner when it comes to looks. An emotional Ratan Tata drove the car to the podium and said, "This is what I have for you. A promise is a promise, it will cost Rs 1 lakh ex-showroom."
"It's a car not just for the urban Indians; most of the people don't understand that we are a country of billion people. Most of them live in rural India and they too want a safe mode of transport," said Tata.
Taking a dig at all his detractors who thought that his dream of making four wheels affordable for the common man would never succeed, Tata said, "Our aim was to provide an affordable yet safe and good looking car. It was a quest to lead and conquer".
The Nano comes in three variants, a basic and two deluxe. The basic will not have an AC or power steering. The higher versions will have the AC option. On-road price for the base model will include VAT, transportation cost and will work out to around Rs 1, 20000 ex-Delhi.
The car will be available in three colors Red, Yellow and Silver. In terms of space the Nano has 21 % more space internally than Maruti 800 and is just 8 % smaller bumper-to-bumper.
Commenting on the concerns about the environmental problems the car might cause Tata said, "Nano adheres to Euro 4 as well as Bharat 3 norms. Now at least Dr Pachauri and Sunita Narain won't have sleepless night."
He further said that the Nano will cause lesser pollution than a two wheeler. Euro 4 is not even mandatory in India but has been adhered to, so as to make it forward looking.
With regards to safety features of the car, Tata said, "The car has passed the full frontal and the side crash tests. There should be no worries about the safety of the family."
Keeping up with the overall theme of it being a People's Car, the Nano will have a fuel efficiency of more than 20 kmpl. The engine of this beauty has a cubic capacity of 624 and power of 33 bhp.
With regards to the name "Nano" Tata said, "People suggested names like Mamta, Buddhu Car and several other such names. But we chose to name it Nano, because it connotes high technology and small size."
Tata Motors plans to annually produce around 2.5 to 3.5 lakh cars from the Singur plant in West Bengal. Bookings for the car will start in June and is expected to be on road from September.
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