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Tatas' Rs 1 lakh car to sport rear engine

MUMBAI/PUNE: Many may find it difficult to digest that Ratan Tata’s billion-dollar empire is getting its biggest buzz from something as mundane as the Rs 1-lakh car. However, for Mr Tata, the last few years have been spent personally overseeing the project which will turn the Rs 1-lakh car dream into a reality.

It’s a project that the entire auto world — from Detroit to Japan — is watching keenly, for it could change the dynamics of the global car market. Not much has been forthcoming from the Tatas so far, and the details of the project are a closely-guarded secret. Every time the management of Tata Motors has been asked about the car, all it has said is ‘wait and watch’.


full Article here :
http://economictimes.indiatimes.com/...ow/2417449.cms

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