Tata Motors is best known for its unbelievably affordable and incredibly petite Nano supermini and the tiny Ace work truck. In fact, the two are so affordable that you could purchase them both in India with every optional extra and they would cost roughly the same as a base U.S. model Nissan Versa with no add-ons.

Despite still being deeply rooted in the economy car scene, Tata has grown in recent years — it currently builds smaller SUVs — and now wants to build itself a sportscar. While your first inclination is probably to say “how adorable” in a belittling tone, don’t forget that Tata also constructs vans, city buses, commercial trucks, construction equipment, and military vehicles. It could turn out a little basic, but the Indian automaker is probably up to the challenge of a small sports car.

Still, how utterly adorable. (Read More…)