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Scenario of Car Industry in India The change in the Indian government's perception about the automobile sector, especially cars, has seen the entry of many players in this sector in the country. While this sector is seeing growth along with increasing competition, it has given rise to a new segment catering to second hand and used cars in the country. Tata Nano - World’s Cheapest Car Tata Motors, uncovered the Tata ‘NANO’, the People’s Car from Tata Motors that India and the world have been looking forward to. A development, which signifies a first for the global automobile industry, the People’s Car brings the comfort and safety of a car within the reach of thousands of families. Tata Nano will be launched in India later in 2008.