Tata Motors has readied a compensation package for vendors of its Nano, the world’s cheapest car, after they were forced to relocate their units following political agitation, the Economic Times said.

Tata Motors had abandoned the original site of the ultra low-cost Nano at Singur in West Bengal and moved to Sanand in Gujarat in October 2008 over disputes regarding payment for land.
The compensation package is estimated at 2 billion rupees ($44 million), the newspaper said on Monday, citing unnamed automotive industry circles. Read the full story


