Tata Nano price to be increased by Rs 9000

     Tata Motors has announced that they will hike the prices of Nano by Rs 9000 on an average across all variants in response to the sharp increase in raw materials such as steel and rubber over the last two years. The company is intending to launch a deluxe version of the Nano in India by 2012 which will feature a larger, more powerful engines, power steering, air bags and ABS. The deluxe version would cost much more than the current LX variant and if Tata Motors can keep the price below Rs 3 lakh, it could put a cat among the pigeons in the luxury small car segment.