South Asian Business news and information

Tata Nano is in the media headlines now and many people are interested about the world’s cheapest car. This is a breakthrough in the auto industry- a $2,500 car. It will surely change the Indian auto market and I am sure that many families will be able to own the car for the first time when Tata Nano comes to the market. This is a ultra cheap car and Tata Motors will surely try its best to sell as many cars as possible to make profit. We know that more cars mean more environmental pollution and not everyone is too happy with the introduction of Tata Nano.

Telegraph wrote:

With car sales predicted to quadruple in India in the decade - 1,000 new cars enter the streets of the capital New Delhi every day - the Nano concept has come under fierce attack from environmentalists.

Outside the auditorium, activists from the environmental protest group Greenpeace held up banners calling for the world to tackle climate change and "CUT CO2" rather than build millions of ever-cheaper cars.

Sunita Narain, the head of Delhi's Centre for Science and Environment has called on the government to tax cars 'like crazy' to pay for a desperately needed upgrade to India's ailing public transport systems.

Well, I think that it will be a big dilemma for Indian government officials. Tata Nano has huge potential in terms of export and this will bring a lot of money for India. On the other hand, most Indian families still don’t own a car and Tata Nano would address this issue quite well. However, no one should take the issue of environment pollution lightly either.