Chinese auto firm likely to start JV in West Bengal

Chinese auto firm likely to start JV in West Bengal
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First Published: Tue, Nov 04 2008. 01 03 AM IST

New proposals: Buddhadeb Bhattacharjee said on Sunday the government would soon be announcing a new project for Singur. Indranil Bhoumik / Mint
New proposals: Buddhadeb Bhattacharjee said on Sunday the government would soon be announcing a new project for Singur. Indranil Bhoumik / Mint
Updated: Tue, Nov 04 2008. 01 03 AM IST
Kolkata: Chinese automobile manufacturer First Automobile Works Ltd (FAW) is likely to invest in a joint venture (JV) project in West Bengal soon, an official with the state commerce and industry department said on Monday. Ural India Ltd, an Indo-Russian JV, has evinced interest in teaming up with FAW.
Ural India, a JV between Uralaz of Russia and Kolkata-based Motijug group, plans to launch passenger vehicles such as heavy-duty and high-performance trucks from the state and is keen on partnering FAW, said the official who declined to be named.
New proposals: Buddhadeb Bhattacharjee said on Sunday the government would soon be announcing a new project for Singur. Indranil Bhoumik / Mint
West Bengal chief minister Buddhadeb Bhattacharjee said on Sunday that the government would soon be announcing a new project for Singur, from where Tata Motors Ltd last month pulled out its Nano car project following violent protests. However, it was not immediately known whether this new project will start in Singur in the land acquired for the Tata project.
A Chinese delegation led by Hubei province’s executive governor LiXien Sheng is meeting the chief minister on Tuesday, the official said, adding FAW’s venture is likely to be discussed at the meeting.
Separately, state commerce and industry secretary Sabyasachi Sen said on Monday “West Bengal still continues to be an attractive destination for automobile industry”. Sen confirmed the state has received two concrete proposals from automobile firms, but was quick to add that the proposals were not made in the context of Singur.
Tata Motors shifted to Gujarat after a campaign spearheaded by Trinamool Congress party chief Mamata Banerjee for the return of 400 acres of land seized from farmers in Singur for the Nano car project.
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First Published: Tue, Nov 04 2008. 01 03 AM IST