The Indian Car Sales Boom Flashcards
The Tata Nano sells for
100,000 rupees (about £1250).
How many were initially produced
250,000 were initially produced with demands expected to soar to one million vehicles a year.
Car marketed as
A safer way of traveling for Indians who have, until now, had to transport their families on the back of motorbikes.
Car aimed at
Idia’s booming middle class expected to grow from 50 million in 2008 to 585 million by 2025.
How many cars were sold in India 2007
Just over 1 million cars were sold in 2007 - which is projected to rise to 3.8 million by 2013.
India’s GDP expected growth
It is expected to rise by 8% a year for the next decade.
Number of drivers increase
The number of drivers is set to increase from 7 per thousand to 11 per thousand - doubling of Indian car owners since 2000.
India as a polluter
In 2004, India released 266 million tons of carbon into the atmosphere, making it the world’s the largest emitting county.
Emission growth since 1990
Since 1990, India’s CO2 emissions have almost doubled, and are currently increasing by nearly 6% a year.
Worry about the introduction of the Tata Nano
The introduction of the car has led environmental critics to raise concerns that the car doesn’t meet current European emission standards.