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BAJAJ 'LITE'(ULC) TO CHALLENGE TATA 'NANO'

Tata's people car not yet released ,in the mean time as a competitor to this with $2500(nearly Rs 100000) only a car is going to be provide says BAJAJ .second in the list in the two wheelers sales in India-the BAJAJ company said that they can also provide a car for Rs100000.For this they are going to collaborate with RENAULT(of FRANCE) & NISSAN(of JAPAN).By the early days of 2011 this car is going to run on hte INDIAN roads.There is going to be a 50% share of the BAJAJ company & remaining 50% is going to be shared between RENAULT & NISSAN

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