The cheapest car in the World, Nano by Tata Motors will be launched on March 23rd 2009. The peoples car which will be priced around INR 1,00,000(US$2500) will be having an annual production of about 1,50,000 cars. There will be two other mid and top-end versions are expected to be closer to the Rs 1.6-lakh mark and could account for over 70 per cent of sales. The car was initially planned to be manufactured at the West Bengal, Singur Unit, but due to the problems occurred, it has been shifted to Gujarat.
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