Eventually, Tata predicts its Nano factory will generate 10, 000 jobs, both directly and indirectly.

FORBES: India Takes Two Steps Back

The last time I discussed the Nano factory situation with Mr. Tata, he erupted in frustration. (This was in 2007, during the course of research for my book.) "If you want to do something for the farmer, then please DO something for the farmer!"

FORBES: India Takes Two Steps Back

Tata Motors is building a factory to produce the Nano in the state of Gujarat that will have a capacity to produce 250, 000 cars annually, but it likely won't come online until 2010.

FORBES: Market Scan