Indianomics!

Ratan Tata will be marking a historic event in India, and its motor industry.

I have compiled a few information which should assist any Nano buyer.

Loans from Bank:

Nano is targeted at a group where most of the people will be choosing for a loan that putting cash on the table.

SBI group may be the leading lender for Tata’s Nano, but it may not be offering the cheapest interest rates. SBI and associated banks may be offering loans for Tata Nano at the prevaling interest rates, at around 11.5 – 12 %. At the same time, taking a loan from BoI (Bank of India) may be much affordable, since loans interest rates for the Nano’s perspective customers of Nano would be around 12.5 %.

(continue reading…)

Ah, finally you can customize your Nano for a few thousand rupees and make it your unique one. That does not come cheap, but is far more satisfying to know that you bloody, can.

Luggage carrier for space consious.

Colored Bumpers for looks

Radio / Audio Player for those looking for solace in music

Body color, side skirts, alloy wheels… glore…

You get more options and it is not that you have to visit the Tata dealer to get these fitted. As confired in a report by Zee Business, you can get accessories in the market starting day three after the launch of a automobile product.

Fully Loaded Nano

What will a fully loaded Nano come with?

It comes with all the usual bells and whistles of a standard version but adds some of the following add ons.

Air Conditioning, Body Colored bumpers, Power stearing, Power Windows

What you can add on?

A audio player, Alloy wheel and a Luggage carrier.

The space of the small car is maximized in the inside for comfort, however taking a baggage is a concern. The back-engined Nano does not offer luggage space in the front, but actually behind. This space is smaller and may not gobble up much of your luggage. If you are not having rear passengers, you have an option of adjusting the rear seats to accomodate your luggage. Or if you have, then you are stuck with it.

The AC has been reported to be good enuf to combat the heat for April and May. As compared to the AC which comes with Maruti 800, it is better. (reports Zee Business)

Interior plastic is not top – notch and you may feel the cheap plastic keeping in the theme with its cost. So don’t be surprised.

Meera Sanyal, Country Manager at ABN AMRO India (a subsidiary undertaking of Royal Bank of Scotland) announced that she is taking a two months “sabbatical” so that she can contest from South Mumbai. This move is surprising since it is the first time a financial entity’s country manager is gunning for votes.

Meera has an charm and is impressing personality. I remember meeting her once and the very moment I was impressed with the way she carries her personality. I cannot imagine her prospects for elections, since she is going to contest the elections as an Independent and against much successful Milind Deora who is contesting from Congress. She would also have to face Mohan Rawale from Shiv Sena.

The ABN AMRO always had been involved in good will causes such as supporting street children and Meera has personally been involved at many occasions. With this move, the organization sends out a very strong message that apart from letting its employees take on NGO work or support their causes, they now can work for the public, for a Common Man.

With incredible experience working with ABN AMRO (now RBS) since 2000 after leaving ANZ Grindlays, it remains to be seen if Meera can pull the hat out of this elections.

Sm has some good reasons why Voting in Elections should be compulsary. I agree with all his points except that Voting should be Compulsary.

http://realityviews.blogspot.com/2009/03/india-reasons-why-we-need-compulsory.html

I think it is a very debateable topic. Sm has mentioned what is a reality. I believe that all these can be followed without compulsary elections. The root issue remains that people need to educated. Have any one of you ever got a chance to read Advani’s blog. Read the comments and you would understand that even educated people fall blind and the youth is inspired by their family’s fan following.

(continue reading…)