As the world superpower goes to voting its 44th President amidst fear of economic crisis, financial crash with bankruptcy and bail out package being the buzz word, the entire world is keenly following the debate, the policies, the issues and the areas of improvement talked about by the Democratic leader Barack Hussein Obama and the 72 years old, Republican Senator McCain.
Many might ask that it is America going on election, so what is there on the other side of midnight? The truth is, there is no denying the fact that even with a reflection in reality of a failed leadership of Bush regime, America still dictates the world economy. Everywhere, people will follow the proceedings as Americans go voting before or after their working hours to give shape to America's future. Thus, America's Presidential election holds importance everywhere, be it Korea's Kopsi, Japan's Nikkei or Indian Sensex. The need of the hour is Wait n Watch.
US Presidential Election has a manifold interest for people to flip on news channels, read through media reports as well post comments on debates. The year 2008, race to Whitehouse got hotter initially with the entry of Hillary Clinton, who raised the bar for American Women. The heat generated continued to refract enthusiasm and gather momentum as the 42 year old Law graduate from Harvard, Barack Obama stepped in with its contrasting reform measures and policies on outsourcing, nuclear proliferation, fighting terrorism and deadline to withdraw troops from Iraq. On the other hand, McCain, still promises to carry on the legacy of Bush administration with regressive thoughts and beliefs of Sarah Palin. So here again it’s the Wait n Watch once more.
The bleeding American economy still has a critical global influence. Hence, it’s President and policies will cause differences even to the common man in the streets of the entire world. The final bell of the world's most robust American Presidential election campaign is about to ring and the rest of the world is waiting to feel its consequences.
Monday, November 3, 2008
Saturday, January 12, 2008
Nano from Tata's will rewrite Indian Automobile Industry
Amidst 29 countries participation,in front of 2000 companies the Hall 11 of Pragati Maidan,New Delhi will feel the magic of unveiling the most popular Ratan Tata’s dream of rupees one lakh priced car. Way back was Maruti-800, which was the first car for millions of India. So this people’s car is bound to put India in the Global Auto Map. As the car hits the road the 10% of around 7 million strong 2 wheelers will migrate to the four wheeler drive. It was the sight of four people with baggages in a two wheeler which ignited the spark in the minds of Tatas’to make the dream car possible today. Mr Ratan Tata shows indication of rural catchment also for this car sale.This high technology small size car is 8% small in size than the Maruti 800. However the inner space is said to be 21% more.It says to have a fuel economy of 23 kms per litre. Nano unveils in three basic models.
However, we also find the Renault-Nissan-Bajaj will also come up with a ultra low cost car at Rs 1.25 lakh.Their USP will be on higher mileage. Gordon Murray’s small car T25 seems not far behind. Even BMW who aims to top the Indian luxury car segment is doing a feasibilty study on a luxury small car. This in itself speaks a volume on the potential of small cars in the emerging market. with the developed countries already saturated & has a more strict carbon emission controls the MNCs’ is now vying at India on a large scale.
However with all these goodies, something that comes by natural is the concern on environment. With the people’s car there would be a price cut across automobile industry to make vehicles affordable to people. As a result streets will be over crowded, roads to be more congested & emission of pollution will be no less.Its a growing concern as people all around the world is propagating on Global warming. The concern is with such low price will these cars be able to maintain and sustain the pollution control standards. Keeping our fingers crossed we wait for the car to hit the road.
As the Indian economy is growing hot. the automobile industry is growing hotter !!
However, we also find the Renault-Nissan-Bajaj will also come up with a ultra low cost car at Rs 1.25 lakh.Their USP will be on higher mileage. Gordon Murray’s small car T25 seems not far behind. Even BMW who aims to top the Indian luxury car segment is doing a feasibilty study on a luxury small car. This in itself speaks a volume on the potential of small cars in the emerging market. with the developed countries already saturated & has a more strict carbon emission controls the MNCs’ is now vying at India on a large scale.
However with all these goodies, something that comes by natural is the concern on environment. With the people’s car there would be a price cut across automobile industry to make vehicles affordable to people. As a result streets will be over crowded, roads to be more congested & emission of pollution will be no less.Its a growing concern as people all around the world is propagating on Global warming. The concern is with such low price will these cars be able to maintain and sustain the pollution control standards. Keeping our fingers crossed we wait for the car to hit the road.
As the Indian economy is growing hot. the automobile industry is growing hotter !!
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