While the Tatas are still mulling over the Rs. 1 Lakh motorcar, a Pakistani manufacturer is all set to release one locally in Pakistan, in the next few months.
Habib Maritime, a subsidiary of the Habib Group of Pakistan, will soon unveil its 'Sitara,' a Rs 1.26 lakh (about 100,000 Indian rupees) four-seater, 170 cc car that can attain a top speed of 60 km per hour.
The Sitara has no roof or doors and looks like a golf cart-jeep hybrid. But looks apart, the low cost of the car is likely to make most two-wheeler drivers graduate to a four-wheeler and might spark off a boom in Pakistan's auto market.
In India, the Tatas are said to be the closest to launching a low-cost people's car, but the company has said that it would take three years for the Rs 1-lakh car to hit the road.
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