The nano - MY CAR

Discussion in 'Business Advice, Questions & Discussion' started by silent_thunder, Sep 13, 2008.

  1. silent_thunder

    silent_thunder
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    I dont most of you know about a car called "nano" rightly named so, because its a very small car .So what is so innovative about this car?? Well the car itself, no company in the world has ever managed to build a car for less than Rs.1,00,000 approx US$2500, no one has even tried doing it!! Because they feared that they will lose the battle before it has started.


    [​IMG]
    RATAN TATA CEO OF TATA MOTORS AND TATA NANO


    So these are the features of the car
    TATA Nano features
    624cc petrol engine
    33BHP
    20km per litre mileage, upto 26km per litre on highway
    30 liter petrol tank
    4 door, 5-seater
    Rear engine, front boot
    4 speed manual gear box
    On road price expected to be around Rs. 1 lakh 25 thousand
    front disc brakes and drums in the rear
    Euro 4 compliant
    Top speed 90kmph

    you might think what is so speacial but making a car for 2500 is special. Big companies like ford and suzuki are now catching with the low cost innovation and production skills used by tata for producing such remarkable results. Nano will be available from this october for sales.It is a car for the people, it provides millions of indian families an affordable safe travelling option. I rate this innovative product from TATA the best for the decade for its immense potential in directly improving the standard of living for millions of middleclass indians. Nano will also be available in sout east asian and african countries where this car is eagerly awaited.

    This also shows another important aspect that innovation can be cost effective and the poor can afford it

    here a PDF that puts india the centre stage of low cost innovations and will also help you understand what nano really means

    http://genesis.iitm.ac.in/files/THE NANO EFFECT.pdf
     
    #1 silent_thunder, Sep 13, 2008
    Last edited: Sep 13, 2008
  2. Fergal

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    How does the car rate on safety standards?

    Looks like a very exciting innovation. On one hand it should help the environment because of it's small engine and fuel efficiency. On the other hand it could be detrimental to the environment if it results in a much higher percentage of the world's population owning and driving cars.

    I'd like one myself, it would certainly help reduce costs now that we have rapidly increasing fuel costs.

    You can view lots of images of the Tato Nano on Google.
     
  3. Nazreen

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    I think that small cars are now getting very popular today and Tata is also entering this market. I've read in a newspaper article before that the Nano would be the world's cheapest car. In that article, it also mentioned that thousands of protesters who are comprised of mostly farmers, surrounded the plant. They're alleging that the land for the factory site has been forcibly taken by the government from local farmers without any compensation.
     
  4. silent_thunder

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    Yes!! that is a big controversy about a SEZ which was allocated for this project in a place called singur!! Of all the states which are doing exceptional in SEZs tata choose the worst state possible that is a communist state,there are three communist run states in India which has very strict labout laws and socialist view on economy but when they decided to give imperialism which what TATA thrives on a helping hasnd people started agitating against it!! In a democratic country with 1 billion people things like this happens,but it should have happened with tata, I respect them very much as one pratices ethical business policies. Tata is planning to rebuilt its entire plant in maharastra its neighbouring state
     
  5. Fergal

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    You can view more info on the controversy here. This article discusses the controversy from the points of view of those in favour and those against.
     
  6. Nazreen

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    I've just read the history of the controversy from that link you've provided Fergal. I didn't know that it could be that bad and there was even multiple rape and murder of a teenager named Tapasi Malik and suicide of one local farmer. I really don't know what to believe because the police say otherwise.

    Anyway, building the world's cheapest car is quite an innovative idea. If only it's not surrounded with so much controversy.
     
  7. silent_thunder

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    You know nazreen!! these agitations are political and not economic in nature, mamta baneerjee who is the leader of the opposition party is speare heading the agitations and it doesnt take a political party to do false propaganda!! anyway here is why tata went out of singur
    tata shuts nano plant

    Ever other state wants tata to open the factory in their state!! Nano is a goldmine and they have realished that
    MP invites Tata to set up Nano plant
     
  8. Fergal

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    Unfortunately, bad publicity surrounding events and disturbances like this will discourage multi-national corporations from investing in India. Foreign investment plays a major role in creating jobs and stimulating the economy.
     
  9. deepak_sharma

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    I dont completely supports the idea for these low cost cars . These would just add more to pollution and increased traffic. Government dhould implement some rules regarding this as in future it can be a big problem for India.
     
  10. jackmcmanus21

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    I cant see this car being able to stand up to a crash
     
  11. Fergal

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    That's something that always worries me when it comes to small cars. If you're unfortunate enough to be in a crash, it's reassuring to have as much car as possible between your body and the point of impact.
     
  12. Nazreen

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    Even small cars should follow and pass international safety standards before being sold in the international market. Small cars should also be easier to maneuver than a bigger one so this might be a plus in preventing road accidents. But then again, the better maneuverability might also make the drivers more reckless in swerving and changing lanes.
     
  13. silent_thunder

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    Look in the first post everyone I had mentioned its Euro standard!! So it must have passed the test!! else they wouldn't have given the ratings!!,

    Second the maximum speed of this car is not going to match a ferrari so no need to have an carbon fibre mono chrome or an automatic traction control

    third this is designed for developing nations not rich countries, people who are rich have the other options
     
  14. scifi

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    I want to bring another point of view for all those who are just thinking on the Positive aspects of Nano & ignoring the social & economic aspects.

    The cash starved Wet Bengal govt. has given rs. 200 crore loan to TATA Motors at 1% interest. Another thing is that the 1st installment is to be paid in 21st yr of the project. By the time installment is due TATA's could have earned close to Rs.2000 crore ny investing it in Fixed deposit.
    Now decide what effect could have on WB people due to this deal.
     
  15. scifi

    scifi
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    To many of you who still insist Nano project is favourable & Tata's are out of singur due to political Ageda here is another fact-
    Nano project was getting power at Rs. 3 per KwH while the current rate in West Bengal is Rs.4.15. if rates go up by .25paise/kwH in five yrs, govt. will refund tata motors.
    For every Nano sold in Bengal , the state will de facto refund the VaT & sales tax collected on each sale of NANO.

    Now tell me it is beneficial for whom.
    TATA's OR West Bengal people?????
     
  16. Nazreen

    Nazreen
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    I haven't read any new news about TATA or the Nano recently and I believe the last one I read was about another TATA factory closing. Not sure if this factory was in West Bengal or not.

    I think that the discount in rates in electricity for TATA's factory would have been a deal made between them and the local government in West Bengal. This is to sweeten the deal so TATA will setup shop there.

    Isn't TATA generating jobs for the West Bengal people? I think that they should at least do this so as to give something back to the people there. Otherwise, people might once again stage rallies against TATA in that locality.
     
  17. Fergal

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    Hopefully it is a win-win situation that is beneficial to the people of West Bengal and to TATA. If it's not beneficial to TATA, they will close the factory, resulting in a loss of jobs.

    It is not unusual for governments to give financial incentives to companies creating jobs, in particular regions. The company employees, earn money to spend in the local area, which has a positive impact on the local economy.

    Do you think that this is a bad thing Scifi?
     
  18. scifi

    scifi
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    As I have mentioned earlier that West Bengal is the most cash starved state.
    The group which had given Rs.35000 crore for "Corus deal" needs a financial help of Rs200 crore??????
    What is the need of giving Rs.200 crore at 1% interest the installment of which can be due back after 21 years.???
    You have to just do nothing, deposit money in fixed deposit, after 21 years give back your whol;e money taken from the govt. & still the net profit of around 1600crores. Generating profit from people money without any investment. Moreover they are also exempted from tax & Vat both.......
    These things are more than financial incentives , it's something like intimation of capitalism of straining people's hard earned money.
     
  19. Fergal

    Fergal
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    How long are they exempt from VAT and tax for?

    How many jobs will be created by the factory?
     
  20. scifi

    scifi
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    Since TATA's are out of this deal now, so job creation can not be predicted.
    Tax & Vat are not directly exempted, these tax will be returned by the Govt. to TATA's on every single Nano that was being sold out!!!
     

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