So, a promise has been fulfilled by good ol’ Ratan Tata. The one that he had made to the world and more importantly to the Indians some 6 years back, of a car that will cost some $2000. Nano is now ready to ferry 5 Indians safely 23.6 kms for every litre of petrol and will apparently hit the roads by June/July 2009, initially in limited numbers. Subsequently, the price might also be revised later (though, there is little scope for it after all the USP of the vehicle is its price).
There are a lot of hopes pinned on Nano, not only from the automotive sector but from the economy from a whole. Many analysts are hoping and at times proclaiming that Nano could provide the kick-start the economy so badly needs. While on the other hand there are scores and scores of environmentalists, who are bemoaning the launch of Nano, terming it to be an eco-disaster for India in terms of emissions and infrastructure.
I for one am reminded of the mobile revolution that took shape in India over the past decade. Let me share with you a personal anecdote. Continue reading