Is Maruti planning to compete with TATA Nano ?

In a press release today Maruti has announced that its increasing its R&D head count to help tune M800 & Omni engines to comply with BS IV norms
If they crack this then we are well on a way for some heated price competition between M800 and TATA Nano , such competition is welcome since the customer is up for gains. Best wishes to Maruti and its R&D Team.
Maruti is also expecting it exports to increase due to demand for small cars from all developed nations, now even they feel cars need to be fuel efficient and economical.
According to a leading daily Maruti is expanding its rural reach by doubling its rural outlets , according to the press release its set to increase its rural outlets from 231 to 450 in the next two years. By this time, the total number across the country will be closer to 1,000, up from the existing 680 dealerships.
With most of its recent release being major success, its set its eye on the new Launch Maruti 'Ritz' which is set to launch on 15-May-2009, its all going weel with Maruti,Maruti is a good stock to invest in long term.