Tata - Nano has to face the tough competition with Bajaj Renault car in 2012......

After TATA-NANO , Bajaj –Renault will launch the Rs. 1.10 Lac car in Market by 2012

Bajaj, the Indian Auto Company and French major Renault reached in a conclusion to launch the much talked launch of ultra low cost car in Indian market by 2012.  All the design, engineering, sourcing and manufacturing will be the responsibility of Bajaj and the marketing & selling will be done by Renault Nissan alliances.

The target price of this car will be $ 2500 ( Rs. 1.1 Lac).  We will soon see the competition in ultra low cost car segment where this car will give the challenge to TATA-NANO who is running in the Indian market