Friday, January 11, 2008

Nano a.k.a 'Despite Mamta'

Ratan Tata dream of getting a low cost car has come true. All the apprehensions about the power, mileage, safety en all has put to rest as these parameters are comparable to Maruti 800 at much lower rate. Right from the housewife’s to auto-richawallas to top business tycoons are talking about Nano. The reason being, Nano is competitor for bike, auto and car segment. Not only people of India are talking about it but people from western world are cognizant of such a cheap car, as cheap as $2500.

What would effect of Nano to India market. Will Auto, bikes cease to exist? What about parking space, traffic jams or pollution issue? Is it similar to cell-phone revolution started by Reliance? Well, to answer all these we need to wait and watch.

Cartoon below was from "The Hindu" dated 10 Jan 2008.

P.S: If you believe Nano would be hit then sell whatever car/bike you hold now. If Nano is decent hit, I am sure it would pull rates of others.

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