Tata NANO Launched
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Tata Sons Chairman Ratan Tata walks towards the stage at the launch of Nano in Mumbai on Monday.
Tata Sons Chairman Ratan Tata stands alongside the Nano at its launch in Mumbai. The Rs one lakh does not include costs towards excise duty, education cess, transportation costs and local taxes, besides registration fee, lifetime road tax, insurance fee and parking fee wherever applicable.
Tata Sons Chairman, Ratan Tata poses alongside the Tata Nano. Tata said the endeavour was never to build the cheapest car but to provide an affordable form of transportation to the average Indian family. He, however, hastened to add that "we made a promise (of a Rs 1,00,000 car) and that we've kept the promise."
Tata Sons Chairman Ratan Tata, left, and Tata Motors Managing Director Ravi Kant with a Tata Nano. The Nano will have a price tag ranging between Rs1.12 lakh and Rs1.70 lakh for its three variants at showrooms at Pantnagar, where it is produced, though the ex-factory price would be Rs one lakh.
