Mindset Innovation: The story of Tata Nano, the cheapest car ($2500) in the world
rediff.com
rediff.com
Not bad - nice industrial design
Not that they shouldn't be applauded for what they've achieved - but imagine a country of over a billion people with easy access to a car that adds to the already over-crowded roads and burns a bigger hole in the ozone layer. Not that great anymore.
2. "According to Tata, the Nano complies with Bharat Stage-III and Euro-IV emission standards" (From http://en.wikipedia.org/wiki/Tata_Nano)
3. "The Nano will also replace many overloaded and worn-out two-stroke polluting vehicles, both two and three-wheeled." - again from the wikipedia.
However if the ozone is what you really care about, how about starting by dumping the SUV's for smaller cars in developed nations.
Personally, I do the environment a favor by buying used cars and maintaining them until they die.