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Indian Manufacturing Sector

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Indian Manufacturing Sector
#24
Communists BAD but BB quite good !!

http://economictimes.indiatimes.com/articl...833,curpg-1.cms



People’s car may kick off from Bengal




KOLKATA: West Bengal looks as if it is in strong contention for housing a Tata Motors automobile project soon.

The state industrial development corporation, WBIDC, has had a top-level meeting with representatives from Tata Motors on Wednesday over the issue and initial feedback from the state’s commerce and industry department at Writers’ Buildings suggests that the meeting was ‘very positive.’

Tata Motors has been scouting the countryside for a suitable place to set up its ‘people’s car’ project, which will enable the masses to have motor cars for Rs 1 lakh. Almost every state had made a pitch and Tata Motors has had negotiations with various state industrial development corporations. But the one they had with WBIDC, is being touted as a ‘near clincher’ by sources in the state government.

With the Assembly elections near, the state government is prohibited under election laws to make any statement. However, when contacted by ET, Sabyasachi Sen, the commerce and industry secretary, said, “We are currently negotiating with the Tatas for the auto project. The project proposal will shortly be placed before the Tata Motors board in Mumbai. We are hopeful that the outcome will be a positive.”
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Indian Manufacturing Sector - by Guest - 01-30-2004, 08:22 AM
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