Auto India, Car India

Welcome back!

We had followed the news on how India is set to witness a colossal launch of low cost small cars from various foreign countries and Indian as well.

Taking our previous entry to a next level, we take this place to report that Bajaj is eyeing Indian low cost small car segment.

The collaboration of three auto biggies, Bajaj-Renault-Nissan is ready to unlock the tapped opportunities in the ‘still to be strolled out’ low cost small Indian car segment.

Renault-Nissan & Bajaj have struck a deal to chug out small cars for budding small car segment priced especially for India at a throw away price tag of as low as 1.1 lakhs onwards.

Bajaj auto has already provided a sneak peek of its concept car the auto expo and the coming on board of Renault and Nissan would definitely much more options and peep to the world renowned technologies.

Their offering would be smaller than Nano and challenge its supremacy.

The thumping success of Tata Nano is playing on the minds of all auto majors and every one wants to compete with them and cut their product in such a passion that their offering becomes the darling of the masses.

In order to do so, numerous companies are adhering to pacts between them and others to enjoy a significant pie of this huge & potentially yielding Indian low price small car market.

The clubbing of Renault-Nissan & Bajaj is a strategy worth mention here as a war of products and cutting edge pricing is set to be seen in the said market soon.

Maruti Suzuki had called Ratan Tata insane when he first announced of the ultra low cost car, Nano, but the same company is forced to accept that the latter views were not unstable and is ready with their own offering named as Maruti Carvo.

It would be tempting to see what kind of strategies are being taken on by whom in the coming days to combat Nano and Bajaj’s line of products.

One thing is for sure, now there is no denying the fact that our economy is shrilly bouncing back to the golden days of becoming a buyer’s market from the monopolistic world of seller’s and this is a refreshing change that’s going to zing back the vigor of the market.

Autoindiaforum.com is the place you must keep checking out for news and views about all the refreshing ‘goings-on’ from the abode of automobiles!