After all sorts of drawbacks in the last 18 months, world’s lowest priced car— Tata Nano, has been officially launched in India. Finally! Priced at 1 Lakh, or 100,000 Indian Rupees ($2,000), the company expects to produce some 350,000 units, but for 2009 only 100,000 will meet their new owners. As for how they’ll reach their new owners … Tata taking registrations for an application fee of Rs. 300 ($6), with a deposit costing Rs. 3000 ($60). Although the car doesn’t meed safety requirements for most countries— they plan an improved version of the Nano for Europe though, it’s a very good solution for regular Indian people.