“Yesterday [January 10] was the happiest day of my life. I was happy not just to make my dream come true but was happy for a group of young engineers, who could do something in India that everyone said could not be done,” Tata Sons chairman Ratan Tata said.
A day after the launch of the Rs. 1 lakh car at the Auto Expo 2008, he dedicated the world’s cheapest car to the people of rural India who did not have the means to buy a car. In an interaction with regional language media in New Delhi, he said: “India was not made only of metros ... it has a hinterland where 85 per cent of the population live. We hope to improve their lives, giving them a better and a safer form of personal transport — only then can we think that our company has done something for the prosperity of the country.”
It should help in improving the quality of life of the people, Mr. Tata said.
“The small car project is based on safety,” he said. He was pained by doubts being raised about the safety of the car. “ Safety on four wheels will be by far more than on a two-wheeler.” He said that ‘Nano’ had met crash test requirements and could also meet any future crash test requirements to meet international standards.
On his plans to set up new production facilities for the small car, Mr. Tata said the company was looking at setting up a plant in Punjab. It wanted to set up facilities in other parts of the country, where employment opportunities, training facilities and ancillary industries could be created. “If you are an investor in Tata Motors, I can assure you that your investment will not be jeopardised,” Mr. Tata said.
Cancer research centre
He also mentioned the other investments being made by the company in West Bengal, which included a world-class cancer research centre and hospital. Mr. Tata was hopeful that a cure for cancer would be found in that research.
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