Tata Nano may not remain a Rs 1-lakh car!

Mumbai: Tata Nano was launched with great fanfare as a Rs 100,000 (2,200-dollar) vehicle -- a round number that neatly encapsulated its status as the world's cheapest car.

But analysts say parent group Tata and its chairman Ratan Tata will struggle to keep the jellybean-shaped vehicle on sale at this level due to the rising costs of raw materials, labour and new higher taxes.

Text: AFP

Image courtesy: tatamotors.com/ AP/ AFP

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