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Ratan Tata unveils the Rs 22-crore Nano

Tata Motors on Monday unveiled the Goldplus Nano - a one-off showpiece version that sees 'the People's Car' encased in 80 kg of 22 carat gold, 15 kg of sliver and 10,000 semi-precious and precious stones, including rubies and pearls.

Tata Nano, sells in showrooms for about $3,000. At its current price - $1,819 per troy ounce - the gold alone adds $4.68 million.

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Ratan Tata unveils the Rs 22-crore Nano

The world's cheapest car went was tranformed virtually overnight into one of the world's most expensive.

In August Nano's sales figures - at 1,202 units, was down 88 per cent from April's 10,012 units.

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Ratan Tata unveils the Rs 22-crore Nano

The one-off version will tour Tata-owned Goldplus jewellery stores across India and is said to celebrate 5000 glorious years of jewellery making in India.

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Ratan Tata unveils the Rs 22-crore Nano

The Goldplus Nano Car is billed as the world's first ever gold jewellery car.

The campaign featuring the gold car follows the World's Largest Bangle promo at Goldplus outlets.