This will certainly have an effect on the 2 & 3 wheeler industry.
In 2 wheeler industry, it mostly sells due to college students or the families who cannot afford to buy a car. But this car has made people think about this. Thus, a family of 4 who now travel in bikes/scooters, will certainly go that extra bit and invest in 1 Lac car rather than buy a 2 wheeler as the car is more safer than the 2 wheeler. The parents who buy the bikes to their children will think twice about the safety of their children of driving in bike and driving in car. This alone will act as a deterrent on Nano. They would prefer to buy a Nano instead of a 2 wheeler.
Now, coming to 3 wheeler, it will certainly affect as currently the office goers and other people who use autos, will definately think twice before boarding an auto and will decide to go for Nano some day or the other. car.
__________________ Love your job but Never love your company because you never know when your company stops loving you-NRN |