Tata Motors buses to be used for public transportation in India. The Nano was launched in 2009 as a city car intended to appeal as an affordable alternative to the section of the Indian populace that is primarily the owner of motorcycles and has not bought their first car. Initially priced at ₹100,000 (US$1,500), the vehicle attracted a lot of attention for its relatively low price. In 2018, Cyrus Mistry, Chair of the Tata Group, called the Tata Nano a failed project, with production ending in May 2018. Tata Ace, India's first indigenously developed sub-one-ton minitruck, was launched in May 2005. The
Indian rupee A newly redesigned series of 500 banknote, in addition to a new denomination of 2000 banknote is in circulation since 10 November 2016. The new redesigned series is also expected to be enlarged with banknotes in the denominations of 1000, 100 and 50 in the coming months. On 25 August 2017, a new denomination of ₹200 banknote was added to Indian currency to fill the gap of notes due to high demand for this note after demonetisation. In July 2018, the Reserve Bank of India released the ₹100 banknote. The word "rupee" was derived from the Sanskrit word and Hindustani