Profit

Will the Nano make it at Rs 1 lakh?

PUBLISHED ON: August 22, 2008 | Duration: 2 min, 20 sec

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Building the Nano at a cost under Rs 1,00,000 is becoming difficult, with a surge in raw material prices and delay in setting up of ancillary factories in Singur. And all that was supposed to make the Nano cheaper, is now more expensive. Steel prices have increased the cost of the chassis and car body. Inflation has pushed up the cost for lamps and plastic elements.
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