Sanand (Gujarat)/Singur, Mar 21: As Tata Motors is all set to launch Nano, the world''s cheapest car, on Monday, residents in Sanand, where Tata''s new Nano plant is being set up, are upbeat at the prospects.
Residents were excited, looking forward to the jobs it would create.
"The direct benefit of the project is the employment that it will create, but there are several indirect benefits. It will create opportunities for the transport business, hotel industry and all other small businesses will get a fillip," said Ravubha Vaghela, a businessman.
Despite the rather heavy booking amount, ranging between Rs. 95,000 and Rs. 1,40,000, the dealers of Tata Motors alone have had more than 51,000 forms sold to the excited customers for the small wonder Nano, during the five days since the forms were made available from April 1.
With the Pune-based Automobile Research Association of India testifying that the Tata Nano consumes less fuel, in comparison to the other available economical small car models, market leader Maruti Suzuki has lost its thus-far-unchallenged position as the manufacturer of the most fuel-efficient car! 
According to a tie-up between Tata Motors and United Bank of India (UBI), the public sector lender will extend retail finance facility to customers purchasing the passenger vehicles of the bigwig automaker.
New Delhi - Tata Motors' Nano, the world's cheapest car, that is expected to redefine personal transportation in modern India, was launched in the country's financial hub of Mumbai on Monday.
Mumbai, Mar 23: Tata Group Chairman Ratan Tata is all set to launch the Nano, the 4-seater, 100,000-rupee price tag super-cheap car for the masses, today.
