Originally posted by RTH
You may also have heard that Tata have just put on sale a new small car in India the Nano a 5 seater 650 cc with a retail price of £1250 new ( yes that is not a misprint ) even air conditioning is available.
You just cannot help thinking that in short time much of the content of Jaguar and land Rover will also be made in India.
That 1 lakh (Rs 100,000) price is clearly a psychological price point...
I was in India last year (forget racing; the traffic on MG Road in Bangalore is as exciting as anyone can cope with...

) and it looks as though the price of cars there is about a half to a third that of comparable vehicles in Europe. (A lot of SUVs that'd be 15-20k are in the 7-8 lakh range). So I wouldn't be surprised to see the Tata at around 4k in Europe, allowing for a bit of profit, if they decide to import it.
Ironically enough I was actually visiting Tata, who staff our company's outsourcing centre there... interesting company, I don't know many others who have an actual shrine to their founder in the office!