
As the world waits, Tata Motors prepares the Nano for its Durga Puja launch...
Cost overruns or not, Tata Motors is committed to launching the Nano from its Singur facility, by Durga Puja this year. Tata Motors MD, Ravi Kant recently said that the company has already invested Rs 2,000 crore in the Nano project, which is about Rs 300 crore than what had earlier been estimated.
Despite the cost overrun, Tata Motors hopes to start trial production of the Nano by July or August, and remains firm on launching the car from West Bengal, overcoming all the protests etc. that have been staged there against the Rs one lakh car.
In the meanwhile, Tata Motors has been inundated with global enquiries for the Nano, with various countries wanting to set up manufacturing units for the Nano. Tata Motors has got enquiries from the US, and various parts of South America, Europe and South East Asia.