Nano to cost over Rs 1.34 lakh in Mumbai, Rs 1.23 lakh in Delhi

MUMBAI: Tata Motors on Monday said its people's car, Nano, will be priced between Rs 1.34 lakh and Rs 1.85 lakh (ex-showroom Mumbai), although Nano in pics Nano Europa Similarities: Nano and Indica Tatas' future roll call the car's claim to fame was its Rs one lakh tag. While announcing the prices, Tata group Chairman Ratan Tata said the company has kept the ex-factory (Pantnagar) price of the base model of the Nano at Rs one lakh. Yet, customers will have to pay far higher than Rs one lakh to own the car. The Nano will have a price tag ranging between Rs 1.12 lakh and Rs 1.70 lakh for the three variants at showrooms at Pantnagar, where it is produced. Here, the Bharat Stage III compliant Nano will cost between Rs 1.34 lakh and Rs 1.85 lakh (ex-showroom) and in the National Capital, it will have a price range of Rs 1.23 lakh to Rs 1.72 lakh (ex-showroom) for the three different variants. "Six years ago we made a decision, a decision to conceive and produce more cars that would give the people of India, who rode with their families on two-wheelers, an affordable all-weather transport at a price that is within their reach," Tata said. To book the Nano, customers will have to shell out Rs 95,000 for the base model BS II and III, Rs 1.2 lakh for the mid-range model and Rs 1.4 lakh for the top end all across the country. "We hope this day we will usher in a new form of transport," Tata had earlier told reporters at a conference here to mark the launch of the snub-nosed car that was unveiled in January last year.