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India’s Tata says would move Nano plant if forced

India’s Tata says would move Nano plant if forced
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First Published: Fri, Aug 22 2008. 02 33 PM IST
Updated: Fri, Aug 22 2008. 02 33 PM IST
Mumbai: Tata Motors Ltd, India’s top vehicle maker, will move a plant to make the ultra low-cost Nano car out of the eastern state of West Bengal if protests against the plant continue, its chairman said on Friday, 22 August.
“I’ve made a major investment here ... to move will be at a great cost to Tata Motors and to shareholders,” Group chiarman Ratan Tata told reporters in Kolkata.
“(But) there is a concern about our people, a definite concern about not being wanted.”
Tata Motors, which is scheduled to launch the Nano car later this year, has faced violent protests and political opposition against farmlands acquired for the Nano project in West Bengal state, which threaten to delay the launch.
On Thursday Tata met government officials in Kolkata, and the state’s industries minister said Tata was worried about the protests.
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First Published: Fri, Aug 22 2008. 02 33 PM IST
More Topics: Tata | Nano | Singur | West Bengal | Ratan Tata |