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
Coins of the Indian rupee divided into annas (16 annas to a rupee) and pice (the old spelling of paisa - 64 pice to a rupee). The lowest-denomination Indian coins, the half-pice (128 to a rupee) and the pie (192 to a rupee) were officially demonetized in 1947; while both denominations had continued to circulate up to that time, new examples were not minted after 1942 as they were practically worthless (India remained a member of the sterling area after independence and the rupee remained pegged to the pound sterling. Until 1966, the rupee was worth 1s.6d, or 18 old British pence; a half-pice was