Tuesday, March 11, 2008

Nano in Geneva

Last week the Tata Nano was displayed at the Geneva motor show and was amazed to see the media going crazy about the car. To my surprise there seems to be a demand for this car even in the developed economies, crude prices I suppose.

The excitement created by Nano goes to prove that India can no more be considered a developing economy, India has arrrived. India was in the past decade recognised as knowledge base in new technology but now even for its engineering skills. Ratan Tata seems to be cnsidering liccensing route for this car, would it not be great to see Tata cars being made in UK under license..

The other important area is that now the world should not be hesitant in outsourcing engineering services to India as Nano has brought in the credibility. Doors opening for companies who can now target a pie of the large Engg Services Market.

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