For a country of 1 billion-plus, this is a dream come true.
A car that costs just double a motor-cycle. Rs. 1 lakh (100,000). About US$ 2500. The cheapest car on the planet - and with Euro 3 emission norms.
We are about to see a revolution in manufacturing in India. Tata wants to build a million of these little things immediately. They will all be sold. All of them.
The amazing thing is how tenacious Ratan Tata has been about this project. He wanted his car to be made - and he wanted it to be a 4 door - real car.
So what if it has only one windshield wiper and no place for a radio. It is one of those break-through events that define what our industry can do.
How much can be done if we are passionate about it. Our greatest enemy is lethargy. The old-fashioned vice of sloth is not talked about much these days - in fact it is quietly lionised in the media-consuming mass that we have become.
More than the Ambanis and their fabulous wealth - I admire Mr Tata's drive and ability to translate what seemed total folly to many into reality.
A couple of generations ago, a humble German car changed the way the country worked. Take a look:Will Nano do something similar in India? Lets see.