Was the TAMO RaceMo too ambitious for 2004?

Tata Motors' usual product lineup was a world away from the TAMO RaceMo. For a company that was primarily about budget cars and commercial vehicles to suddenly produce a mid engined sports car was a bold move. Tata, however, had intended this project as proof of its technological capabilities and design prowess, or perhaps even to own the rights; in the process, however, this left many wondering if the company was spreading itself too thin. Building a sports car requires knowledge and resources Tata may not have had in bulk. Also, it was unclear whether the Indian market was ready for such a product. While exciting, this ambitious project might have been a few steps ahead of Tata and the state of the Indian automotive industry at the time.