Consider this: by 2015-16, nearly one of every three cars that roll out in the country could be from Gujarat. If that's not enough, in the next three-five years, half the installed capacity for making cars in India will be located in the state.
The bank said in its 'Global Development Horizons 2011 - Multipolarity: The New Global Economy' report that Brazil, China, India, Indonesia, South Korea and Russia will help drive growth in lower income countries through cross-border commercial and financial transactions. It said the international monetary system will no longer be dominated by a single currency.
The state government was under a mammoth debt of Rs 2 lakh crore.
The car so far known by the code name 'Kite' will be a hatchback.
With the Nano's sales stuck in a low gear, firm drives hope on product variants and the base of hopefully satisfied customers.
Shelving its expansion plans in Thailand and opting for fast-growing Indonesia, India's Tata Motors is in talks with a leading Indonesian automobile company to produce its popular no-frills Nano car.
Top Tata executives do not attend swearing-in despite invite.
Tata Motors plans to open exclusive showrooms for its small car Nano in smaller towns, taking a leaf out of its runaway success mini truck Ace, which is also sold through 600 standalone stores along with normal dealerships across the country.
This car has been codenamed H800 and is also called Hyundai HA and it will take on Tata Nano, Maruti Alto and New Maruti 800.
Based on the Tata Nano, the TataPixel - at just over three metres in length - is the most package efficient four-seater in the world.
While it is difficult to attribute any one single reason to this, low cost, less depreciation, easier loans, and ready availability of good models are some of the reasons behind this boom.
low-cost plans dovetail perfectly with the company's decision to make affordable new models.
Big Bazaar stores have sold 900 Nano cars since February, when Tata Motors made the arrangement.
Honda, Bajaj, Yamaha and Mahindra are revving launch plans for the 200cc and above motorcycle segment.
Faced with dwindling sales, Tata Motors has announced a four-year or 60,000 kilometre manufacturing warranty on its small car Nano in a bid to woo more customers.
This Diwali the Indian car buyer has ample choices to decide what they want to drive home.
Tata Motors on Tuesday said it has started open sales of its small car, Nano, in Maharashtra, West Bengal, Uttar Pradesh and Karnataka.
Tata Motors has opted unconventional mediums like web search, viral marketing and innovative public relations-driven campaigns, where the news in brief is called 'Nano news' in some papers and television advertisement breaks are called 'Nano breaks.' There is also Nano merchandise like T-shirts and key chains. Unlike most car launches, it is not supported by a television campaign, leading to a big saving for the company.
The company said it has begun intimating customers, who had retained their booking but are not among the first 100,000.
Initially, there were concerns that the rudimentary nature of the Nano, priced at about 1,400 pounds, might fall short of stringent European safety standards, but these have diminished following its impressive performance at the Motor Industry Research Association last week.
With an industry at the abandoned site of Tata's Nano car project at Singur yet to come up, most of the landowners who had willingly parted with their fields are now back to what they had been doing - cultivation.
From micro wind turbines to rice husk, low-cost solutions are being tested to drive the huge market hunger for energy.
Customers will no longer have to wait for long periods to own the Tata Nano as dealers are now offering almost immediate delivery of the world's cheapest car.
At the helm of India's most enterprising ministry, Mamata Banerjee promises the best service from the Indian Railways.
The new plant at Sanand will be inaugurated by Gujarat Chief Minister Narendra Modi and Tata Group Chairman Ratan Tata, who seven years ago dreamt of making an affordable family car for the common man. Spread over an area of about 1,100 acres, the new facility has been created at the cost of approximately Rs 2,000 crore (Rs 20 billion).
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 Tata Motors team led by its Managing Director G Ravikant and accompanied by Karnataka Industry Minister Murugesh Nirani visited three places in and around the twin cities of Hubli-Dharwad in Karnataka. The Belur Industrial area, Mummiatti and another area around the airport near Hubli were the three sites which were offered by the government.
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.
Having been outwitted by Trinamool Congress' Mamata Banerjee after she sent the Tata Nano car project packing from West Bengal by demanding that land be returned to unwilling farmers, the Communist Party of India-Marxist is getting ready to do a Singur on Banerjee.
Japanese auto major Nissan Motor Co plans to launch a $3,000 car (about Rs 134,000) in 2012 in India to challenge Tata Nano, the world's cheapest passenger car.
"There was an unprecedented traffic flow of around 40 million and the website crashed for sometime. It was restored later," sources told Business Standard. A company spokesperson also confirmed the development, but added that the website was immediately restored. The website had put up information on Tata Nano, the application forms for booking, financing details, dealer locations and pictures of the car on its website.
Ginger Hotels are the Tata Group's chain of budget hotels.
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.
Bullish on huge profitability and deep pockets, Corporate India started 2008 with an aim to conquer the world and pocket global firms, but ended with blues caused by bitter controversies, be it Tata's Nano, ICICI Bank share debacle, Satyam fiasco or Ambani vs Ambani battle.
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 world's cheapest car, Tata Nano, made a two-hour stop over near here before heading off to Detroit, where it would be on display for the US audience for the first time this week.
Small price difference with Maruti causes customer attrition and back-outs.
In March this year, the anticipation of Nano launch coupled with a sluggish demand had made a sharp dent in used car prices by 25-30 per cent. Dealers had feared a further dip in prices by around 10 per cent.
With the Indian car market growing at the rate of 30 per cent no car maker wants to miss the opportunity.
Bookings for Tata Motors' much-waited small car 'Nano' started across the country on Thursday and will continue till April 25.
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