Tata Motors launched the Tata Estate (1992; a station wagon design based on the earlier Tata Mobile), the Tata Sumo (1994, a 5-door SUV) and the Tata Safari (1998). Tata launched the Indica in 1998, the first fully indigenous Indian passenger car. Although initially criticized by auto analysts, its excellent fuel economy, powerful engine, and an aggressive marketing strategy made it one of the best-selling cars in the history of the Indian automobile industries. A newer version of the car, named Indica V2, was a major improvement over the previous version and quickly became a mass favourite. Tata Motors also successfully exported
Coins of the Indian rupee Coins of the Indian rupee Coins of the Indian rupee were first minted in 1950. New coins have been produced annually since then and they make up a valuable aspect of the Indian currency system. Today, circulating coins exist in denominations of ₹1, ₹2, ₹5, and ₹10. All of these are produced by four mints located across India, in Kolkata, Mumbai, Hyderabad and Noida. After Indian independence, British Indian coins were in use as a frozen currency until India became a republic in 1950. The first rupee coins of the Republic of India were minted in 1950. These included 1/2