Not only do I think the Tata will be a success in India, but it can probably be exported profitably to many other nations (Indonesia, Vietnam, Egypt, various countries of central Africa, etc.)
An inexpensive basic car can be a major winner.
Ford, GM, Chrysler, etc. have missed the boat by not producing a competitor.
I agree whole-heartedly. The American manufacturers have ceded a market that they didn’t think was worth pursuing. They were so besotted with high margins that a high-volume low-margin model never entered their scope.