‘This is the Indian dream!’ shouts Mohit, clutching a tattered plastic bag as he joins the impatient throng gathering at Hall A of the Auto Expo in New Delhi. Around us more than 100,000 Indians are aggressively jostling for space and a precious glimpse of the £1,200 Tata Nano, the world’s cheapest car. It is a vehicle that, put simply, costs less than the optional DVD player on the new Lexus LX470 SUV.
… makes up a staggering 67 per cent of GDP in India, much higher than China (42 per …