Tata would like to retire after low cost car launch (Live mint.com 31st Dec 2007) Tata Group head, Ratan Tata, feels that after the successful launch of his dream project -- the Rs one-lakh car-- will ideally be the nice time for him to retire from active business life, reported Financial Times.
“In an ideal world, after the small car has been launched and is successful, that would be a nice time for me to exit,” the newspaper quoted Tata as saying.
Tata Motors, the automotive arm of the over Rs three- trillion market value group, is scheduled to unveil the vehicle, touted as the world’s cheapest mass-produced car, on 10 January at an auto expo in New Delhi.
Rival car makers are, however, not convinced about the safety and emission standards of the car, coming as it is at that price level More
“In an ideal world, after the small car has been launched and is successful, that would be a nice time for me to exit,” the newspaper quoted Tata as saying.
Tata Motors, the automotive arm of the over Rs three- trillion market value group, is scheduled to unveil the vehicle, touted as the world’s cheapest mass-produced car, on 10 January at an auto expo in New Delhi.
Rival car makers are, however, not convinced about the safety and emission standards of the car, coming as it is at that price level More
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