Tata Motors today unveiled its people's car, Nano, that meets Euro 4 emission and safety norms.
The car, popularly called the Rs 1 lakh car, will cost Rs 100,000 at the dealer end but would attract VAT and transportation cost.
"Since we started the project four years back, there has been a steep increase in input cost, but a promise is a promise," Tata Group chief Ratan Tata said after unveiling the car - his pet project.
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