Thought for Today: 25-Sep-2016:
In 2007 the Tatas came up with their cheapest Car model Nano. This car was a dream project for Mr R N Tata as well as the company, which they nourished since the Nineties. Though it was an extraordinary feat, the model couldn’t sustain commercially or technically for a long time, even with heavy promotion.
In 2007 itself I had predicted its commercial and technical failure and wrote blogs. Today, it no longer remains the cheapest car, and people now know how much the company spent / subsidised for the cheapest car. Ever heard the adage, “To keep Gandhiji poor the Britishers used to spend a lot of money”?
