Tata Motors Passenger Vehicles Ltd.

Tata Motors is planning to makeover its cheapest car- Tata Nano, third time after it was launched in 2009. The company has decided to pack the little Nano with more punch, as the entity is working on installing 800 cc engine in the same, while a diesel option is also under consideration. 

The company has witnessed a decline in Tata Nano’s sales, which touched a low point in November, when the company managed to sell barely 3,500 cars against a target of 10,000. So, trough this initiative the company aims to increase the sales. The new Nano is expected to hit the roads in another 12 months with a price tag of around Rs 2.5 lakh for the base petrol version.