Tata Motors said on Wednesday high input cost is making it 'challenging' for the company to maintain price of its people's car at Rs 1-lakh level.
"Higher input cost has made it more challenging to maintain price at the Rs one-lakh level, but whether we will launch the car at a higher price or not, will be evident only when we introduce the product," Tata Motors Managing Director Ravi Kant said on the sidelines of SIAM Annual Conference.
He said the Rs 1-lakh car is expected to be launched as per schedule in the
middle of next year.