Nano to result in 65 pc rise in car owning families

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New Delhi, Jan 13, 2008 : The world"s cheapest car, Nano, unveiled by the Tatas at the Auto Expo 2008, could lead to a 65 per cent increase in the number of families that can afford a car. In a recent analysis by Crisil Research, experts have cited the low pricing of the car as the reason.

The expected consumer price of Nano would be around Rs 1.3 lakh which obviously makes it very affordable for middle or lower middle income households.

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