| Wants Nano, Get In Line |
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| Thursday, 09 April 2009 | |
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But Nano will not be available to everyone as of now. It is not like America where dealers parking lot are full with Nano. Tata is taking orders for it and there will be lottery to select 100000 Nano lovers. Initially, the timeline to launch the car was October 2009 which is delayed because of issue on production plant and Tata had to relocate its plant in Gujarat. As demands picks-up, Tata needs increase its production capacity based on the market. It is important for Tata to capture that market as early as it can so that it can stay competitive and launch the different models based on the affoforabilty of Indian consumers. |
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| Last Updated ( Thursday, 09 April 2009 ) |
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Well, it’s a million dollar question. But answer to this million dollar question is very straight forward. The oil embargo in recent month cornered the ruling Congress party. An economist cum Priminister Manmohan Singh thought and thought well. Of course, he was in great dilemma - to hike the price of petroleum products or to leave as it is and keep pumping the tax money into subsidy and bear the loss in government controlled oil giants. And he did what he thought is balancing act.