Thursday, August 28, 2008

TATA NANO -The $2500 Dream Car

The much awaited dream car, Tata Nano, also hailed as the peoples car is likely to be delayed from hitting the market as the agitation by Trinamool Congress Chief Mamata Manerjee, joined now by Mulayam Singh's frontman Amar Singh is continuing. Ratan Tata has threatened to quit Singur and the agitators continue to stall the work on the car manufacturing facility at Singur, West Bengal. If he does so, it will definitely affect the flow of investors to West Bengal. Mukesh Ambani, the CEO of Reliance Industries has thrown his weight around Ratan Tata and said that if Tatas have to leave West Bengal, it will be very bad for investors' confidence in going to West Bengal.

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