I work as an economist at Netcore Solutions in Mumbai.
You can contact me by writing to me atanudey at gmail.
In the previous post I claimed (not unlike some other observers) that the Nano is game-changing. The Nano has to be seen not just in the Indian context but in the bigger global context. That is why I made the point that it can be seen as the “Peopes’ car” and not “Indian People’s Car.”
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In the image above, you see Ratan Tata in the Tata Nano. What a priceless shot. Notice that it says “Peoples’ Car” and not “People’s Car” — it is a car meant not just some people but for a varied group of people. It is a car for the various peoples of the world. I am not sure that that is what those who put up that sign meant. Maybe it is just a mistake. But that mistake speaks to a larger truth.
I also think it is interesting that “The People’s Car” translates to “Volkswagen” in German. The Volkswagen Beetle was built upon the express dictate of Adolf Hitler. Curious that we have Mr Ratan Tata as the promoter of India’s people’s car. In any event, Tata Motors is making a game-changing move and I am proud that an Indian corporation is doing so. Way to go, Mr Ratan Tata. May you succeed beyond your wildest dreams.
[For follow up to this post and its comments, see “Tata Nano — Part 2“.]
I have been reading about the Rs 1 Lakh (about US$2,500) car that Tata Motors is planning on selling soon.
It scares me witless. These days, oil is selling for around US$85 a barrel. India imports most of its fossil fuel requirements. It is a poor country and cannot afford high priced oil — and oil is going to become increasingly costly because demand will continue to rise and supply will continue to fall. That is Econ101. India is also a very small country relative to its population. With 17 percent of the world’s population and 2 percent of the world’s land area, land is at a premium in India unlike say in the US (where the population density is a tenth of what it is in India.) You cannot just have cars: you need fuel and you need space to use the cars in. It is insane to not do basic arithmetic (“Those who refuse to do arithmetic are doomed to speak nonsense”) and realize that cars are not the solution to India’s predicament regarding transportation within its cities.
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