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Tata Nano finds new home In Gujarat
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by rahul | October 7, 2008 at 05:53 pm
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After deciding to leave the West Bengal factory amid violent protests, Tata group decided to continue its Nano car project in Gujarat. The Nano is the cheapest car to be produced as it would cost $2,130 only.
India's Tata Group has found a new home for its project to build the world's cheapest car after violent protests forced it to abandon its factory in West Bengal. With numerous states around the country vying to host the plant, Tata has chosen a site near Ahmedabad, capital of the western state of Gujarat, television reports said on Tuesday. Ratan Tata, the Tata Group chairman, was expected to formally announce the move at a press conference with Narendra Modi, the Gujarat chief minister, later in the day.
Tata announced late last week that it was pulling the Nano car project out of the eastern state of West Bengal after weeks of demonstrations triggered by a land dispute. The plant it had been constructing near Kolkata was 90 per cent complete. The decision followed a month of violent demonstrations by evicted farmers and activists, who complained they had been forced to give up their land to make room for the high-profile factory. The West Bengal government had acquired 1,000 acres of land for the Nano project in 2006. At least 10,000 farmers accepted compensation for their land, but approximately 2,000 of them rejected it as inadequate and demanded 400 acres of land be returned. During the protests, Tata's engineers and workers were attacked, prompting the group to stop work.Attractive destination
Gujarat is one of India's most industrialised states and has a relatively sound infrastructure that has already attracted a number of multinationals. The car, the Nano, is expected to cost about $2,130 and has been billed as the world's cheapest car. Tata currently controls more than half of India's truck market and nearly 20 per cent of its passenger car market, and is keen to expand beyond Asia. The company, India's third-biggest car-maker, had planned to make 250,000 cars a year at the Singur plant in West Bengal, with plans to increase production to 350,000. The dispute in West Bengal highlights a wider problem confronting India's growing industry. It needs land but farmers are unwilling to surrender land in a country where two-thirds of the population depend on agriculture for a living.
Related story: Tata seeking new sites for Nano
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Most RecentMost Recommended Comments (5)
at 21:51 on November 5th, 2008
rahul, I like this story. It's good stuff.
at 22:14 on March 29th, 2009
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Thank you for providing that information. The Tata group, which is the largest conglomerate in India, headed by Ratan Tata has finally launched a new car last March 23 2009, which is called the nano car. The newest model of Tata group, talked about for years, the Nano, is a stripped down affair that retails for about $2,000, so you can get a brand new car for a few online payday loans. The car has no features outside of seats, an engine, and a steering wheel. Customers outside of India are going to have to wait as the safety features of the vehicle are updated to fit standards of foreign markets, so it may end up costing twice as much in the U.S. to own a nano. To read more about the nano car, visit:
http://personalmoneystore.com/moneyblog/2009/03/25/car-idea-nano-brand-2200/
at 22:16 on March 29th, 2009
Thank you for providing that information. The Tata group, which is the largest conglomerate in India, headed by Ratan Tata has finally launched a new car last March 23 2009, called the nano car. The newest model of Tata group, talked about for years, the Nano, is a stripped down affair that retails for about $2,000, so you can get a brand new car for a few online payday loans. The car has no features outside of seats, an engine, and a steering wheel. Customers outside of India are going to have to wait as the safety features of the vehicle are updated to fit standards of foreign markets, so it may end up costing twice as much in the U.S. to own a <a rev="vote for" title="New car idea: the Nano , brand new, only $2,200" href="http://personalmoneystore.com/moneyblog/2009/03/25/car-idea-nano-brand-2200/">Nano</a>.
at 13:39 on April 28th, 2009
The Nano project was conceived as somewhat so would come up with affordable transport to the vast member of Indian families. It has evoked some controversy and has evoked a great deal of ridicule initially but then in the world over, it has re-written some of the rules of the game and the greatest vindication of what we have set out is to do amidst young board of households is that many companies are now trying to product a small low cost car and at which are those cars making produced in India. Information on Payday Loans and Cash Advance services in Canada.
at 13:42 on April 28th, 2009
So India has become the new hub for this activity. It is a healthy pleasure to all of us the we have now decided to build this in Gujarat, that we have a chance in a particularly conducive and friendly environment and make some occurence the present can change the way people travel, not only in India but else where in the world. Find the best, fastest and easiest way to a payday loan.