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Home > Business > PTI > Report

Tata Nano fulfills common man's dream: Kamal Nath

January 10, 2008 13:08 IST

As the Tatas unveiled the Rs 1-lakh (Rs 100,000) car in New Delhi on Thursday, Commerce Minister Kamal Nath said it will help the common man shift from two-wheelers to four-wheelers.

"It is a proud moment for India. It demonstrates India's technological and entrepreneurial ability. The car will help people move from two-wheeler to four-wheeler and it will leap-frog the two-wheeler," he said at the Auto Expo on Thursday.

"It fulfills the need of the common Indian who aspires to move from a two-wheeler to a four-wheeler," he added.

Honda to enter small-car segment with Jazz

Meanwhile, carmaker Honda Siel said it will enter into small-car segment with the launch of 'Jazz' in 2009.

"The company plans to launch Jazz by the end of next year," Honda Siel India Ltd President M Takedagawa told reporters at Auto Expo.

"With entry into small-car segment, the company aims to cross sales volume of 1,60,000 cars by the end of 2010," he added.

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