INDIAN car with International Design features for just 1.3 Lacs by Mahindra competition of TATA’s mini car.
According to XE-currency converter, 1–U.S Dollar = 46.5755 Indian Rupees.
1–Lac = 100,000.00 Rupees(one-hundred thousand rupees),
therefore: 1.3Lac = 130,000.00 Rupees(one hundred and thirty thousand Rupees).
In U.S dollars, is approximately $2,791.00(two-thousand, seven hundred and ninety one United states dollars).
In Nigeria, this brand new, locally innovated and designed car would amount to NGN450,000.00(four hundred and fifty thousand Naira only) at an exchange rate of 1–USD=NGN150,000.00
Question: when will such an achievement be possible locally?