The Tata Nano, the world’s cheapest car, is being launched in Mumbai today.
The tiny four-door will cost from 112,000 rupees (or £1350) when the company starts to take orders for the car next month.
However, Tata is expected to receive 500,000 applications for the car, which could lead to a waiting list of up to three years.
A new factory should be up and running next year, despite delays caused by an industrial dispute, but may only have capacity to build 350,000 cars a year.
Until then Tata is thought to only be able to provide 50,000 cars annually.
Because of the expected demand Tata will open up a booking process between 9 April and 24 April.
Customers can buy booking forms for 300 rupees (£4) and then either finance the booking themselves or seek financing for the booking amount.
And while the entry level Nano Standard will fulfill the original promise of a car costing around 100,000 rupees, the 112,000 rupees price will only be available to customers who collect the car from the plant.
Customers collecting their Nanos from a dealership will pay more; in the case of the Nano Standard with the cleaner of two petrol engine options, it will cost an extra 13,290 rupees (£158) to collect it from the Mumbai dealer.