Destination next for Nano: Will it be Gujarat?Published on Fri, Oct 03, 2008 at 21:01 | Source : CNBC-TV18 Updated at Mon, Oct 06, 2008 at 14:22 Tata Motors' Nano will not roll out of Singur. After a one-hour meeting with the West Bengal Chief Minister, Chairman Ratan Tata said a decision had been taken to move the project out of the state. He blamed the decision on the agitation faced by the company in the State, and the threat to employee and vendor safety.
Addressing a press conference, Tata Motors' Chairman Ratan Tata said that Nano will come on committed time. "We will soon announce about new locations for Nano and are looking for congenial environment to set up Nano plant. We will make makeshift arrangements to meet the Nano deadline. We are yet to evaluate the financial losses in moving out of
It is learnt that The reason why the Nano could come to Gujarat includes proximity to the engineering hub -
More on Moneycontrol
Headlines
06:15 PM
07:47 PM
08:36 PM
Video of the day
Trending NewsBusiness News
|
NewsVideos
Interviews
![]() Feb 10 2012, 15:43 | Source: CNBC-TV18 ![]() Feb 10 2012, 15:35 | Source: CNBC-TV18 ![]() Subscribe to Moneycontrol Newsletters |
|||||||