Mumbai, Mar. 23 : Tata Motor's much awaited people''s car, `Nano' was commercially launched here on Moday with a promise to stick to the 1,00,000 rupee price tag for the base model.

"We made a promise and we''ve kept the promise," Tata Group Chairman Ratan Tata said.

Three versions of the Nano car would be available in market.

"From today onwards, the product will be available in showrooms. There will be three versions - the base version, which is the one we promised to the people of India and two upper tier versions," Ratan Tata said.

Nano's high-end versions would have air-conditioning, power brakes and power windows, among other features.

"We hope this day we will usher in a new form of transport," Tata said, while adding that this endeavor was never to build the cheapest car but to provide an affordable form of transportation.

The bookings will commence on April 9 and deliveries are expected in July. (ANI)