The company is currently selling an average 2,000 units each month.
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 Nano becomes a tool and a metaphor for the future. It will be a tool in the sense that any first car purchase in a country like India opens its owner to imagining their own mobility in and through the mobility of the car. This is a feature and a potential of all first cars in India,' says NYU Prof Arjun Appadurai.
"Tata Nano is a unique development. The design and development were carried out from scratch to keep the cost of the car at the Rs 1 lakh level," said K Kasturirangan. The Nano project has already secured 37 patents abroad for its path-breaking technology and has become a powerful brand worldwide. "The setting up of the factory also posed socio-political challenges, but the multi-dimensional approach finally helped in the realisation of the project," he added.
Tata Motors ended the year selling 21,012 Nanos, up from 16,901 in FY15.
Bookings for Tata Motors' much-waited small car 'Nano' started across the country on Thursday and will continue till April 25.
India's most fuel efficient IC-engine car that gives 36 km/kg.
A Canadian company will be manufacturing auto parts for Tata's Nano, as more Canadian companies look for business avenues in India.
'The chief minister believes the poorest of the poor have the first right on government resources.'
What does it take to drive around India in a Tata Nano? A bit of gumption, is what Vanessa Able would say. A fascinating account of a young lady's improbable journey in the world's cheapest car.
India will choke unless it modernises its city transport systems, and you can't blame the Nano for this.
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.
The company took five years to sell the 250,000 units of the Nano.
Tata Motors on Monday announced that the Tata Nano Standard version (BS2) will be priced at Rs 1 lakh (Rs 100,000) ex Factory Pantnagar (excluding transportation charges and VAT) thereby delivering on the promise made at the unveiling of the car at the Auto Expo in New Delhi last year on January 10th 2008.
Small price difference with Maruti causes customer attrition and back-outs.
The small car market of India is booming like never before.
Launch will be under separate brand name
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.
Market watchers believe Tata Motors' move to upgrade the Nano is a right decision.
low-cost plans dovetail perfectly with the company's decision to make affordable new models.
It was the summer of 2006 (May 18). Writers' Building, then the state secretariat, was buzzing with journalists. The event marked the start of Buddhadeb Bhattacharjee's second term as chief minister. And in style, it got off with West Bengal bagging the small car plant, Nano.
Chief ministers of West Bengal, Jharkhand and Odisha on Wednesday evening condoled the demise of Tata Group's chairman emeritus and veteran industrialist Ratan Tata, and said his legacy will live on forever.
The country's largest car maker, Maruti Suzuki India, on Thursday said that "Tata Nano" may have a marginal impact on the sales of its entry level small car Maruti 800 but ruled out cutting its price.
With more than 2.5 million users since April, the 'Nano game' on Zapak.com is a huge hit on the online gaming website. In the racing game, the player has to reach the destination within a specified time limit. He begins by styling his Nano and choose the colour, wheels etc.The car is then ready for a drive where the player has to manoeuver the Nano between crossing pedestrians and other obstacles like manholes etc.
The farmers of Khoda and Bol village on Tuesday claimed that a large portion of the proposed 1100 acre for Nano is their ancestral property and the land was given for the cattle farm which falls under Anand Agriculture University. The state government has given half of the 2200 acres of land to the Tatas.
History will be created in Mumbai on Monday evening when Tata Motors launches the world's least expensive car, Nano -- a car that can redefine personal transportation in modern India.
The chat show host has added to his famous car collection.
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.
Congratulate Tata and the entire Tata Motors team for their incredible achievement.
The company said it has begun intimating customers, who had retained their booking but are not among the first 100,000.
There were certainly qualities adhering to the Tata Group, which emanated from the persona of Ratan Tata. Most notable of these would be the low profile he maintained, which sharply contrasted the in-your-face celebrity status, celebration of wealth and pursuit of importance many of liberalised India's rich, love, notes Shyam G Menon.
The land acquisition row seems to chasing the Tata's Nano car project even out of Singur as farmers of villages near Sanand, the project's new address, have staked claim on the plot.
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.
UK-based news magazine, The Economist, on Monday named Tata Group Chairman Ratan Tata as the winner of the eighth edition of its annual 'Business Process Innovation Award' for the successful development and launch of the world's cheapest car, the Tata 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.
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.
The Nano does not look or feel like a very 'cheap' car. It is a very thoughtfully designed piece of kit, with an agreeable level of fit and finish. Nor would you expect the kind of space it has in its interior. The two-cylinder 624cc engine hisses like a modern scooter before waking up and settling to an idle. The cable-linked gear lever helped Bijoy Kumar Y select first and presto, we had motion!
Some of the biggest and the best component suppliers in the business were roped in, with scissors and ingenuity to bring out solutions within a specified cost structure.
Maruti Suzuki India, the country's largest carmaker, may after all do what everyone expects it to: take on Ratan Tata's Nano with its own low-price car. For long, there has been a will-they-won't-they kind of speculation about how Maruti will protect its entry-level consumer base from the Nano, whose lowest variant is likely to cost Rs 1 lakh in some places and about Rs 1.26 lakh in some others. The higher variants may cost Rs 1.5 lakh or more.
In view of the expected significant demand and limited production capacity initially until the Sanand plant is fully ramped up to capacity, the Tata Nano will be available through a booking mode.
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