World's cheapest car is starting to enrich India's Tata Motors

The automaker is producing only about 100 of its $2,200 Nano cars a day but hopes to ramp up to 1,000 a day next year. Analysts expect it to put millions of new Indian drivers on the road.

The tiny Nano cars made by India's Tata Motors are starting to hit the road in that country after a land dispute forced the relocation of the car's manufacturing plant and delayed its launch.

Analysts say the Nano could rock the international auto industry and put millions of new Indian drivers on the road.

Although Tata is producing only about 100 units a day, Tata director Jamshed J. Irani said it hoped to ramp up to about 1,000 vehicles a day next year. Tata has also started building low-cost homes, which the media have labeled Nano homes.

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