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Tata Nano launch in Mumbai on March 23

February 26, 2009

An Economic Times report had claimed that the booking amount for the world’s cheapest car will be around Rs 70,000, i.e, 70 per cent of the total cost, assuming that Tata Motors manages to keep the price of the much-awaited car at Rs 100,000.

When contacted, a Tata Motors dealer however declined any knowledge of the booking amount.

A Business Standard report had earlier said that Tata Motors could start limited commercial production of the Nano from alternate locations so that the first car could roll out towards the end of March 2009 from Pantnagar till the mother plant comes up in Sanand near Ahmedabad.

Image: The interior of the Nano. | Photograph: Vijay Mathur/Reuters

Also read: Indian billionaires: Biggest losers & gainers

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