Strategy Analytics: Tata Nano to Accelerate Indian Automotive Electronics Market; $2500 Car Key Player in Expected $1.5 Billion Market for Automotive Electronics.

0 Comments | M2 Presswire, January, 2008

M2 PRESSWIRE-10 January 2008-Strategy Analytics, Inc.: Strategy Analytics: Tata Nano to Accelerate Indian Automotive Electronics Market; $2500 Car Key Player in Expected $1.5 Billion Market for Automotive Electronics(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:10012008

Boston, MA -- The Tata Nano revealed at the New Delhi Auto Expo will play a key part in expanding the Indian automotive electronics market, according to Strategy Analytics. The advent of a significantly lower-cost alternative to the small, basic vehicles which currently dominate the Indian car market will further stimulate demand for automotive sensors and semiconductors.

Tata's proposed initial production volume of 250 thousand units per year for the Nano, and anticipated rapid...

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