Rumblings continue on the Nano, the Rs 1 lakh car introduced by Mr. Ratan Tata last week, as environmentalists fear that the 'people's car' will lead to a faster deterioration of the environment. It has been seen that people often criticise something that is making waves everywhere. This has also been the case with Tata Nano. Competitors, safety regulators and environmentalists are busy conjuring up the problems that India will face, when such a car is available (by the second half of this year). Interestingly, as far as competitors are concerned, they have moved on from saying that "this car couldn't be produced" to "this car shouldn't be produced". What a change in thoughts that a puny Nano has brought about!
Imagine, the Rs 1 lakh that you would have otherwise used to apply to that 'another' IPO, you could now use to buy a 'C-A-R'!
Hail Tata!
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i personally think Nano is a great achivement but the Indian infrastructure is lagging behind. We cannot support the upsurge in traffic that the Nano will generate... only hope is a miracle...
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