Tata hopes the 10 feet (3 metre) long, five-seater car will be cheap enough to encourage millions of Indians to trade up from their motorcycles. Tata owner Ratan Tata has described the Nano as a "milestone". Analysts say it won't make a profit for six years. Tata's managing director Ravi Kant said that from the first orders, a ballot will then select the initial 100,000 people to get their Nano.
"I think we are at the gates of offering a new form of transport to the people of India and later, I hope, other markets elsewhere in the world," Mr Tata added.
"I hope it will provide safe, affordable four-wheel transportation to families who till now have not been able to own a car."
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