A "snub-nosed" style design and made in India, No-Frills Car that come without radio, no AC (Air Conditioning System), no passenger side mirror, hand crank windows and only one windshield wiper. It has an Autorickshaw configuration of a 33 horsepower, two-cyinder 600cc rear mounted engine. It has rear wheel drive with a scooter sized tubeless wheel. The overall dimension of 3.1m L x 1.5m W x 1.6m H, and enough room to hold four people or five people - if they squeeze. Tata Nano has an all aluminum sheet-metal body, with safety features such as crumple zones, intrusion-resistant doors, seat-belts (but no air bags), strong seats and anchorages, and the rear tailgate glass bonded to the body. Tata Nano has its four wheels pushed out to the corners to improve its manoeuvring. Tata Nano fuel consumption is approximately 20 km per litre in city and 26 km per litre on highway. Tata Nano is capable of reaching a top speeds of 105 kilometres per hour.

Tata Nano is 1 lakh + 12,500 Rupees fo VAT + 8,000 Rupees for Road tax + 5000 Rupees for Insurance = 1.28 Lakh on the road.

1 Lakh = 100,000 Rupees = USD 2,500. Tata Nano nearest international rival would be China's Chery QQ which retails for 3,600 US dollars. How did Tata managed to build a car that can be sold at 1 Lakh? According to Tata, “virtually everything was developed ourselves, the car was a result of no radical changes, no reinvention of the manner in which a car is produced. A host of small and medium issues that has made it possible.” The key breakthrough is that Tata was able to package a car quite effectively using Frugal engineering concept. India has a culture of not wasting anything.

For now, the car will be sold only in India, but Tata eventually hopes to export it. The Nano could become the basis for other similar super-cheap models in developing markets around the world.