Do you still think so??Despite the drastic drop-down in sales as compared to initial run
Yes I do. I believe that the idea of a car that costs INR 1-1.5 lakhs is a killer in the Indian market. Nano and/or others expected to follow should be successful in India.
http://bit.ly/geMZOn = https://twitter.com/Rishabh_Singla/status/13473176956706816
Prima facie it appears that the Nano gets some stiff competition from used small cars such as the Maruti Alto, Hyundai Eon, etc. For example, if a new Nano sells for INR 1.5 lac while a one year old Alto sells for 1.75 lac, some people would be tempted to go for the Alto, since the Alto doesn't cut any corners and is a "fuller" car than the Nano, plus it comes from a far more trusted company.