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TIMELINE: India's Tata Motors: from trains to trucks to Nano
(Reuters) - India's Tata Motors will on Monday launch the Nano, the "People's Car", which it unveiled last January as the world's cheapest car with a dealer price of 100,000 rupees ($1,914).
Following are some key events from Tata Motors' history:
1945 - Tata Engineering and Locomotive Co Ltd (TELCO) set up as a locomotive maker at the end of World War Two
1954 - Company shifts to making trucks in a joint venture with Germany's Daimler Benz
1977 - Commences production of commercial vehicles
1994 - Enters venture with Daimler to make Mercedes Benz cars in India
1998 - Launches fully indigenous passenger car, the Indica
2001 - Ends joint venture with Daimler
2002 - TELCO renamed Tata Motors Ltd
2003 - Announces plan to build world's cheapest car, to sell for 100,000 rupees
2004 - Acquires South Korea's Daewoo Commercial Vehicle Co, and lists on the New York Stock Exchange. Launches Indigo sedan
2005 - Buys 21 percent stake in Spanish bus maker Hispano Carrocera SA, launches mini-truck Ace in India
2006 - Signs manufacturing and distribution agreement with Fiat, enters venture with Brazilian bus maker Marcopolo
2008 - Unveils the Nano at Delhi Auto Expo
- Buys Jaguar and Land Rover from Ford Motor Co for $2.3 billion
Sources: Reuters; www.tatamotors.com
(Compiled by Rina Chandran; Editing by Lincoln Feast)
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