The World’s Cheapest Car At Risk
Posted on August 26, 2008 at 10:40 am.
Filed Under Business |
The Tata group is threatened to move an important auto factory out of India. This move could delay the debut of the world’s cheapest car, pint-sized Nano, priced at $2,500. It was scheduled to go on sale by the end of the year.
Protesters are angry farmers who claim not to have received proper compensation for the 997 acres Tata acquired. The opposition party, which has led the fight against Tata, requested the company to return 400 acres to the farmers. Company chairman Ratan Tata said that he is prepared to leave West Bengal if the protests continue.
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Business, enviornment, india, nano, pollution, Tata
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