Saturday, January 12, 2008

Ratan’s revolution

At a rate of interest of around 12 per cent, the EMI or equated monthly instalment for the Nano could range between Rs 2,200 per month for a fiveyear loan and a little over Rs 3,200 for a three-year loan.

At over 20 km per litre of petrol, the car would have an operating cost of Rs 2.5 per km, which is well worth the safety of travelling on four wheels and the pride of personal mobility.

And you don’t have to be a rocket scientist to figure out the potential. Growing at 9 per cent, India’s GDP is over a trillion dollars (Rs 40 lakh crore), delivering an average per capita income of $1,000 (Rs 40,000). The launch of the Nano is timed to perfection. Consider the synchronisation with the emergence of India as a manufacturing centre that helped them cut costs, along with a highgrowth market with a scaleable potential.
India Today -

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