Tata Group and the Gujarat Government on October 7, 2008 signed an agreement for production of Nano in Gandhinagar, Gujarat. The State Principal Secretary, Industries, Mr. Gauri Kumar, and Tata Group Managing Director Mr. Ravi Kant signed the documents in the presence of Mr. Ratan Tata and Chief Minister Mr. Narendra Modi . The agreement ended the speculation on the relocation of the project that had been marred by controversy since work began two years ago in Singur, West Bengal.
Tata has been allocated 1,100 acres at Chharodi and Charal villages in Sanand , just 25km. from Ahmedabad . The land was part of about 2,200 acres owned by the Gujarat Agricultural University for running a cattle from and experimental crop cultivation and cattle breeding . The land has been allocated to Tata Motors for the Nano small car project “at the prevailing market price” in the area.
The plant, to be set up at Sanand , will initially have an annual capacity of 2.50 lakh units , which will be expanded to 5 lakh units per year. Tata Group will invest Rs. 2,000 crore in the first phase of the project and the car is slated to roll out from the first quarter of 2009.
Mr. Modi and Mr. Tata described the agreement as “historic” and hoped that after the “unfortunate turmoil” the project underwent is Singur, it would now have a “smooth sailing”.
Earlier, Tata Motors announced its decision on October 3, 2008 to pull out of Singur in West Bengal. The decision was taken in the interests of the Nano small car project’s success and viability and in the light of the Opposition’s continued and heightened agitation .
The much-anticipated curtain to the project came after the Tata Group Chairman Mr. Ratan Tata met West Bengal’s Chief Minister, Mr. Buddhadeb Bhattacharjee, who failed to convince the Trinamool Congress leader Ms. Mamata Banerjee to withdraw the farmers’ agitation on acquisition of land . The Chairman of the Tata Group ,Mr. Ratan Tata ,Said “we have taken the very regretful decision to move the Nano project out of West Bengal; we are left with no option”.
The Tata Group Chairman blamed Ms. Mamata for pushing him to take the pullout decision, two years after his tryst with the Nano Car factory in West Bengal began.
Tata has been allocated 1,100 acres at Chharodi and Charal villages in Sanand , just 25km. from Ahmedabad . The land was part of about 2,200 acres owned by the Gujarat Agricultural University for running a cattle from and experimental crop cultivation and cattle breeding . The land has been allocated to Tata Motors for the Nano small car project “at the prevailing market price” in the area.
The plant, to be set up at Sanand , will initially have an annual capacity of 2.50 lakh units , which will be expanded to 5 lakh units per year. Tata Group will invest Rs. 2,000 crore in the first phase of the project and the car is slated to roll out from the first quarter of 2009.
Mr. Modi and Mr. Tata described the agreement as “historic” and hoped that after the “unfortunate turmoil” the project underwent is Singur, it would now have a “smooth sailing”.
Earlier, Tata Motors announced its decision on October 3, 2008 to pull out of Singur in West Bengal. The decision was taken in the interests of the Nano small car project’s success and viability and in the light of the Opposition’s continued and heightened agitation .
The much-anticipated curtain to the project came after the Tata Group Chairman Mr. Ratan Tata met West Bengal’s Chief Minister, Mr. Buddhadeb Bhattacharjee, who failed to convince the Trinamool Congress leader Ms. Mamata Banerjee to withdraw the farmers’ agitation on acquisition of land . The Chairman of the Tata Group ,Mr. Ratan Tata ,Said “we have taken the very regretful decision to move the Nano project out of West Bengal; we are left with no option”.
The Tata Group Chairman blamed Ms. Mamata for pushing him to take the pullout decision, two years after his tryst with the Nano Car factory in West Bengal began.
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