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Expected to make the market debu in mid 2008, the "Nano" has already created jitters in the automobile world. It boasts almost all the features of a modern car and is still priced much less than the other "small-car" variants of different companies.
The 'Nano' is expected to intensify the race in the already competitive automobile market of India. Other companies such as Maruti and Hyundai will certainly come up with something matching. After all, if Tatas can do it, so can someone else. In the end, its the consumers who are going to benefit from this bid of the automobile giants to tap the hitherto neglected section of consumers - "the lower middle class". People are having apprehensions regarding the performance and so am I. Remember the time when reliance phones were launched, priced at Rs 500? "Kar lo duniya mutthi mein (Grab the world in ur fist)" . Dhirubhai Ambani's dream to give the cellphone in common man's hand. It started with a band and a much publicized hype, but the bubble burst soon. The boat has steadied a bit now, but soon after it's launch, the issues came to light - bad network, poor connectivity, and a hundred other complaints.
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2 Human response(s):
Reliance's cell phones are what created a mobile revolution in India, in the sense that the competitor's had to cut their prices down many times. The offering of incoming calls being free by the many mobile service providers was more like a decision to face the competition from Reliance.
And Tata, whether Nano would be a success or not, have proved to the world that it is indeed possible to design and sell a car in the market for just 2500 USD. Thats wat I would call a Revolution.
Yeah .. I agree completely with wht you said about brining a revolution ..
Though reliance brought a revolution, but its own product was not up to the standards .. i dont want Tata Nano to follow the same trend .. i want it to lead the revolution .. which most probably it will ..
Future will only tell whats in store for this latest prodigy :)
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