Active Stocks
Fri Apr 19 2024 11:25:49
  1. Tata Steel share price
  2. 158.55 -0.91%
  1. Tata Motors share price
  2. 950.65 -2.14%
  1. Infosys share price
  2. 1,400.85 -1.39%
  1. ITC share price
  2. 423.75 1.15%
  1. NTPC share price
  2. 345.55 -1.66%
Business News/ Companies / Tata suspends work at Singur Nano factory
BackBack

Tata suspends work at Singur Nano factory

Tata suspends work at Singur Nano factory

Premium

Kolkata: Tata Motors on Tuesday suspended work at Singur and said it was looking for alternate options to manufacture its small car Nano from the company’s other plants.

“In view of the current situation, the company is evaluating alternate options for manufacturing the Nano car at other company facilities," the company said in a statement.

A detailed plan to relocate the plant and machinery to an alternate site is under preparation, it added.

“Tata Motors has been constrained to suspend the construction and commissioning work at the Nano plant in Singur in view of continued confrontation and agitation at the site," it said.

The decision has been taken in order to ensure the safety of its employees and contract labour who have continued to violently obstructed from reporting to work, it added.

The project’s auto ancillary partners were also constrained to suspend the work in line with Tata Motors’ decision, it said.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 02 Sep 2008, 07:52 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App