Clock maker Ajanta is looking at spoiling the party for tata's nano by bringing out an even lower priced car[approx rs.85,000].
What would also add to tata's problems would be that the car would not consume any petrol and solely run on battery power[electric vehicle like the reva/g-wiz].
They are already into the manufacture of such kind of two wheelers and would have to scale up a bit for the four wheelers making them very competitive in terms of cost.However nothing concrete has developed yet and everything is in the planning stage only with the R&D team looking at the viability of such a project.
Ajanta are hoping everything will work out with clock like precision.
[Source:Times of India]
Buying a car read this
Tuesday, April 15, 2008
Ajanta wants to tick off Nano customers
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