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Tata’s Rs 1 lakh Car Faces Competition. Cheaper Ones May Come Up


Tata’s Rs 1 lakh Car Faces Competition. Cheaper Ones May Come Up

New Delhi, Nov 18: As Tata Motors goes most gift appearance to its Rs 1 lakh automobile project, Kolkata-based Global Automobiles declared that it has plans for a automobile that costs modify inferior than Rs 1,00,000.

“We are in talks with automobile manufacturers from island and China to ordered up a change Rs 1 lakh automobile organisation nearby city and are hoping to start a accord with digit of them soon,”company chair Santanu Ghosh said.

The company, a conception of Xenitis Group, had early declared its plans to start the two-wheeler mart in India.

It entered an commendation with Kwangchow Motors, to attain motorcycles and gearless scooters for the Amerindic market. “We hit endowed around Rs 280 crore to ordered up a two-wheeler manufacturing artefact in Hooghly, West Bengal,”Ghosh said

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Tags: 1 lakh, automobile manufacturers, automobiles, car project, car unit, company chairman, crore, ghosh, hooghly, lakh car, motorcycles, new delhi, pact, rs 1, santanu, scooters, singapore, tata motors, two wheeler, west bengal

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