Tata Nano will launch in Mumbai on March 23, 2009

Tata Motors on Thursday announced that the much-awaited Tata Nano will be launched at a function in Mumbai on March 23, 2009.

The cars will be on display at Tata Motors dealerships from the first week of April 2009. Bookings will commence from the second week of April 2009.

The booking amount for Nano is likely to be around Rs. 70,000. The company has announced the prices of Nano between Rs. 1 lakh (Approx usd $1986) and Rs. 1.34 lakh (Approx usd $ 2661). Initially, the company would take bookings of just one lakh cars as mass production of the vehicle would be possible only by 2010, and till then only 3,000 cars a month are likely to be manufactured.

Tata Nano Spotted on Road Video

Tata Nano finally spotted on the Ahmednagar-Pune highway, probably being road tested before it finally debuts in India.