Showing posts with label Gujarat. Show all posts
Showing posts with label Gujarat. Show all posts

Tuesday, October 7, 2008

TATA's Nano car Set to drive from Gujarat

Finally wait is over, Nano plant will now relocate to Gujarat.
Tatas have decided to roll out the Nano car from Gujarat, according to TV reports.
It is a huge gift for Narendra Modi as he completes seven years in office as Gujarat chief minister. The loss of W Benagal is gain of Gujarat.
The air was thick with anticipation as top Tata Motors honchos flew down from Mumbai late on Monday evening to take one final look at the site near Sanand, 25 kms from the western fringes of Ahmedabad, which has been identified for relocation of the Nano plant. Sources said the decks have been cleared for transfer of 1,000 acres of land to the Tatas. Modi's council of ministers will meet at 10 am before the Tata team arrives. The land which the Tatas have to finally select is located within a 2200-acre campus owned by the Anand Agriculture University which serves as a cattle and seed farm. The university has already transferred 1,000 acres back to the government which went into an overdrive to woo Tata Motors ever since the situation started worsening at Singur in West Bengal. Government officials were hopeful that the deal will be clinched on Tuesday, after a final round of negotiations on the concessions Tata Motors will be seeking. While Modi has been personally averse to giving concessions to industry, on the ground that such concessions given in the past had led to a huge loss of revenue to the exchequer, there is willingness to make an exception in the case of the Nano project. "We had to relax our rigid stand considering the fact that other state governments were going all out to roll the red carpet for the Nano plant. Losses due to concessions would be offset by the immense positivity created around the investment climate in Gujarat," a senior official of the industries department said, while admitting that there could be a tough last round of negotiations. While Tata Motors' scouts were scouring sites in Karnataka, AP and Maharashtra over the last two days(there was stiffness among farmers), there was an air of tentativeness in the Sachivalaya at Gandhinagar, even as officials went about clearing all the documents to transfer 1,000 acres in one go. "Our biggest advantage is that we can hand over the land to Tata Motors on Tuesday itself," a source said.

Monday, October 6, 2008

From Where first Nano car will rollout

Following its exit from West Bengal, the Tata Nano car project apparently has no dearth of governments willing to woo it to their respective states, with top officials from Karnataka, Andhra Pradesh and Gujarat making no secret of their enthusiasm as they carried out site inspections on Sunday.
The Tata Motors team led by its managing director G Ravikant and accompanied by Karnataka Industry Minister Murugesh Nirani visited three places in and around the twin cities of Hubli-Dharwad in Karnataka — the Belur Industrial area, Mummiatti and another site in the vicinity of the airport near Hubli.
The team also met Chief Minister B S Yeddyurappa to discuss the offer made by the state to the company to shift the Nano project to Karnataka. Speaking to reporters after the meeting, Yeddyurappa said: “I have made an offer and assured them of all facilities, including land, water and power. Now it is for them (the Tatas) to communicate.”
He added that he would also hold talks with Tata chairman Ratan Tata. It is the fourth round of discussions that Karnataka had with the company after it pulled out of Singur.
But in Andhra Pradesh there was protest from farmers fearing forced land deals.
Gujarat chief minister going gaga over drawing TATA to Gujarat, Narendra Modi also roped NRI Swaraj Paul led group CAPARO for supplying raw material for Nano plant.
Wait and watch from whare first Nano will rollout.