New Delhi: Reacting to the Tata group’s decision to move the Nano project out of Singur, Ficci said that it is sad that the land dispute over the Nano project could not be amicably resolved and that the Tata project could not be retained in Singur.
“The Tata project could have brought about a major change in the industrial scenario in Bengal”, said Dr. Amit Mitra, secretary general, Ficci. He added that this was not a one off auto project but would have given a boost to a whole host of ancillaries as well.
Ficci noted that Bengal’s tradition of engineering and heavy industry had suffered over time because of lack of fresh investments in these industries in the state and the gradual closure of many of the old engineering industries.