Thursday, March 26, 2009

Nano to remove Indias Economic barriers

Nano which in Latin means ‘dwarf’ is now going to do for India what ‘Model-T’ did for United  States or Volkswagen did in Germany many decades ago. A symbol for hope and possibility, Nano has already generated strong public hysteria in India and is believed to level out class divisions.  It represendts a history-making attempt by Tata Motors, Indias biggest indigenous automobile maker to tap into entirely new domestic market for cars. It’s base model will cost only Rs. 100,000 ( About $2,000) without tax, thus being the cheapest car in the Universe so far. After adding taxes such as road tax, excise duty, transportation costs, local taxes, insurance, registration fees etc. the price would not exceed $2,200. The Nano would soon have a competition with Bajaj Auto announcing to bring in Bajaj Lite, an ultra-compact car, which would cost around $3,000. Nano is made with less material than other cars, so it costs less to produce. Tata Motors, headed by Ratan Tata had asked its component makers to redesign their parts to minimize their weight and cost, but still perform well. Nano can do 0 to 100 km in 23 seconds. Its exterior is imported Japanese and Korean steel, and even the basic model feels roomy inside. The vinyl seats on the basic model and rough plastic door locks, however, looks cheap. What makes this car so cheap?. Well according to BBC News, it has no air conditioning, no power steering, no power windows, no air bag and the bodywork is made of sheet metal - which is basically aluminium - and plastic. The trunk is in the front and the engine in the rear according to the San Francisco Chronicle. The Nano has outside India plans too,  The Nano Europa is planned for 2011 in Europe, No plans yet for the United States.  Three cheers to tata group for coming up with such an innovation which I believe will bring Indians more closer to each other removing the water tight economic barriers.

2 comments:

Ramro Nepali News said...

nice blog keep it up bloggingggg

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ठीक।