All of this is according to Tata's chairman Ratan Tata, who is running around the Delhi Auto Expo telling people they're aiming for a release within the next three years for non-developing areas like the U.S. and Europe. Hell, by 2013 the U.S. may be a developing market again.
Of course, the car will cost more than $2,500 if it actually passes safety regulations. Also expect it to come up-featured beyond the base model Indian version, which comes in a form even people who live on $10 a day find unluxurious. [Reuters via Green Car Reports]