After Rs 1-lakh people's car Nano, the Tatas on Wednesday unveiled a low-cost realty project which offers a house for less than Rs 4 lakh.Tata Housing, the real estate development arm of the Tatas, will build one-room-kitchen flats for just Rs 3.91 lakh in a township being developed at Boisar, 100 km from Mumbai.
The partners have, thus, solved the tricky issue of pricing, which has been widely speculated as the reason for the delay in the project announced in 2008.
Tata group Chairman Ratan Tata did live up to his promise of delivering a Rs 1 lakh car. But, that promise is now costing Tata Motors dear.
Tata group Chairman Ratan Tata did live up to his promise of delivering a Rs 1 lakh car. But, that promise is now costing Tata Motors dear.
The Moselle Development Agency is the key body in France in search for international investors.
A brand new Tata Nano car which was on its way to be delivered in Vadodara, caught fire near Boriyavi village in Anand district, police said.
Tata-promoted Taj Hotels may decide to add the Nano to their line of chauffeur-driven cars used for guest transfers.
Riding on the Nano wave, Direct-to-Home major Tata Sky on Tuesday announced a promotional scheme for consumers booking the people's car, offering a 20 per cent discount on a new connection.
Is this the car you were waiting for? Will you buy the Nano?
The Qute infant of the four-wheel world is Bajaj Auto's quadricycle. The Qute infant of the four-wheel world is Bajaj Auto's quadricycle. It is finally set to hit the India roads but the challenge of creating a new category in the competitive automobile market has only just begun.
"Tata Motors has given us a commitment that it will set up a permanent satellite facility at Pantnagar for producing Nanos," said Chief Secretary Indu Kumar Pande. From the Pantnagar industrial unit, from where the company would launch its first car, Tata Motors is planning to produce a total of 50,000 units per year. Besides, it has agreed to distribute all its Nano cars from Pantnagar through its new subsidiary, Tata Motors Distribution Co Ltd.
Meanwhile, Tata Motors has described it as a "one-off incident" and clarified that there was no manufacturing or design lacunae in the Nano.
"We are conducting a feasibility study to see whether the car can be displayed inside some of the Westside," said a source. The feasibility study is being conducted in select showrooms that have a suitable entrance and enough space to accommodate the Rs 1 lakh (Rs 100,000) car. The car might be displayed at showrooms that meet the required specifications.
Bosch Rexroth (India) Ltd, a subsidiary of German automation giant Bosch Group, a drive and control solutions for industrial applications, has bought private land near the Tata Nano site in Sanand recently with plans to set up its second manufacturing unit in the state.
"We have no function at our manufacturing plant," said a Tata Motors official from its Pantnagar facility from where it was rolled out one year ago.
The Nano will be on display at Tata Motors dealerships from the first week of April 2009. Bookings will commence from the second week of April 2009.
The land taken by Tata Motors at Singur for the erstwhile Nano car factory, and by the many companies who invested there to be vendors to the project, isn't set to change hands anytime soon.Tata and the vendors both say they plan to hold on to the lease titles, even as Trinamool Congress chief and Union railway minister Mamata Banerjee and the West Bengal government continue with their political posturing over a plan for a rail coach factory at the location.
The company, which unveiled the electric version of the small car -- Tata Nano EV -- would also launch the version in the domestic market. However, no possible timeframe has been fixed for its launch in the home market.
The company had got 100,000 bookings in the first phase.
The Nano, with a MH 04 ED 7015 licence plate, is on its maiden trip to the US and was unveiled at the Detroit Science Centre in Detroit on Friday.
The company said despite the recession in global markets, it has invested over Euro 3 billion (Rs 20,000 crore) in 2009 particularly in developing technologies for the low- priced vehicles to improve fuel efficiency.
The commercial vehicle business is one of the mainstays for the Tata group, highlighting the importance of Girish Wagh's appointment.
Small price difference with Maruti causes customer attrition and back-outs.
The Indian conglomerate is also studying investments in automobiles, software and hotel businesses, as well as biofuel in South American markets such as Brazil and Argentina.
There is a flicker of hope for Tata Motors' abandoned Singur site. A team from government-owned Bharat Heavy Electricals Ltd (BHEL) visited the place, along with state government officials, for a possible project with the West Bengal Power Development Corporation.
The tiny Nano car made by India's Tata Motors has been described by company director Jamshed J. Irani as having huge potential. Even as analysts claim that the Nano could rock the international auto industry and put millions of new Indian drivers on the road, Irani told The Washington Post in an interview that while Tata is producing only about 100 units a day at present, it hopes to ramp up to about 1,000 vehicles a day next year.
Sarkar, a professor of Indian Statistical Institute, Kolkata, analyses Left Front rout in the Lok Sabha elections in May as also in the more recent by-elections against the state's economic perspective.
The company is hopeful of acquiring 600 acres of land by January 2010.
The company plans test production of 50-60 cars per day from January.
Nearly 60 vendors will move to the vendor park at Tata Nano's Sanand plant by March next year. The rollout of the car is set for the January to March quarter, and vendors will feed the plant at existing locations till they shift.
The designer Nano will hit the streets soon. The world's cheapest car has generated interest of designers like Dilip Chhabria and former Maruti Suzuki India chief Jagdish Khattar, both of whom are working on a re-designed avatar of the car.
The company is offering three types of flats. A one-room flat with a small kitchen in an area of 283 square feet, a one-room flat with a large kitchen in an area of 360 square feet and a one-bed room flat with a hall and kitchen in an area of 465 square feet.
We call it Nano, they don't have to, says vice-chairman Ravi Kant
A car that only costs Rs 25,000 to produce and also doubles up as a two-wheeler.
Huawei latest Mate series looks all set to take on Apple and Samsung, says Ashish Narsale.
There have been reports of fire breaking out in Nano near the steering column of the car from three different places -- Ahmedabad, Lucknow and Delhi.
Tata Motors says the car which faced short circuiting has been repaired and handed back to the owner in Ahmedabad.
Though the workers have not gone on strike, they moved the labour department for not receiving any wage hike since 2015.
Ginger Hotels are the Tata Group's chain of budget hotels.
Second hand demand entirely for the top-end LX variant
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