Tata ends Singur saga: India Inc reacts

Amit Mitra, Secretary General, FICCI is worried about the international investors who will have to rethink West Bengal as an investment destination, given the current situation. Mitra said that globally people are interested in India and Indian investment. However, he believes that there are two sides of the story - one is if Nano comes out from another factory and rolls out, after three-four months people may forget about this mishap because Nano will become an integral part of India's future and global positioning of India.

"We got to have one or two other success stories in the next six months in West Bengal. So, it makes them to rethink about that State. They will go to other states but for West Bengal to attract them, there must be some success stories for the state," Mitra said.

R Seshasayee, Managing Director, Ashok Leyland also agrees that it sends out a bad message for global investors. "This would certainly depict us as a nation which is very wobbly on its feet and it is not in a position to ensure basic availability of law and order security," he said.  

Seshasayee further stated that this is very sad commentary on the state of politics in this country. "If Mr. Tata says that he is unsure of security for his people and this is not about land, this is not about anything else. It is about security, which is the primordial need for any industrial activity," he said.