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Article: INDIAN NEWSPAPER HIGHLIGHTS - JAN 8, 2008.
- Article from:
- AsiaPulse News
- Article date:
- January 8, 2008
CopyrightCOPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW DELHI, Jan 8 Asia Pulse - Highlights from today's newspapers:
THE ECONOMIC TIMES:
- Only 10 years ago, India's Tata Motors Ltd (BSE:500570) unveiled its first car, a hatchback that established the truck maker's credentials as a car maker. On Thursday, the US$7.8 billion company unveils its boldest initiative yet, a car that will sell for just US$2,500, less than half the cheapest car on the market. Dubbed the 'People's Car', it will determine Tata's place in the global automotive arena, where the battle is increasingly being fought in emerging economies such as India, China and Russia. The new model, using re-engineered plastics and modern ...