Tata Group Chairman Ratan Tata today unveiled the much-awaited 'Rs 1 lakh car' at an emotionally-charged media function at the ninth Auto Expo on Thursday. | |
The event was attended by close to 400 media personnel and telecast live by various television channels. | |
A "promise is a promise," said Tata, as he announced the price of the car, which is exactly Rs 1 lakh for the base model excluding VAT and transportation charges. | |
Tata, in his presentation, mentioned that there were many who doubted the project and said it could not be done. Statements made by Osamu Suzuki "" "Tata will not be able to make a one lakh car" "" flashed on large screens during his presentation. Earlier in an interaction with the media, Tata said such statements "invigorate most of us" and that it was a challenge to live up to the expectation of the nation. | |
Here is a close look at the Nano: | |
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"Some have gone and said we will lead to an increase in the fuel import bill. Half a million two-wheeler capacity has been added in the country. They also run on fossil fuel. Why is no one asking them the same questions?"
"This car is less polluting than a two-wheeler. It has passed the crash tests required in the country and will be undergoing side and offset tests required for European markets. It conforms to Bharat III emission norms and this engine will meet the Euro IV norms. Dr Pachauri [R K, chairman of the inter-government panel on climate change] need not have nightmares and Sunita Narain [of green lobby CSE] can sleep at night."
"We had some unsolicited suggestions for the name of the car. Some said we should call it Buddhu (perhaps as a tribute to the West Bengal Chief Minister). Some suggested Mamata, or Despite Mamata~ [after Mamata Banerjee of Trinamool Congress who has been a strong opponent of the car project]."
"We did not put the Rs 1 lakh tag, the media did. But we took it up as a challenge."
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