By M. Dinesh Varma
The country’s image among investors will also be dented
Project has run into rough weather after Nano grabbed world attention as design, technology marvel
“India should adapt to the changing game of international trade”
CHENNAI: Confederation of Indian Industry Director-General Chandrajit Banerjee on Monday called for a concerted political effort to urgently end the impasse faced by Tata’s Nano plant at Singur, West Bengal.
The implications of a possible pullout by the Tatas would not be limited to the stakeholders — the West Bengal government, the company, political parties or the new recruits in Singur — and it would be a huge setback to industry and India’s image among investors, Mr. Banerjee told The Hindu here.The irony
Pointing to the irony of the project running into rough weather after the Nano had grabbed world attention as a design and technology marvel, he said it was “absolutely unbelievable” that the political process which was expected to facilitate the fruition of the small car project should threaten its future. Nothing about the project was done illegally. ( END ) Source: The Hindu
The implications of a possible pullout by the Tatas would not be limited to the stakeholders — the West Bengal government, the company, political parties or the new recruits in Singur — and it would be a huge setback to industry and India’s image among investors, Mr. Banerjee told The Hindu here.The irony
Pointing to the irony of the project running into rough weather after the Nano had grabbed world attention as a design and technology marvel, he said it was “absolutely unbelievable” that the political process which was expected to facilitate the fruition of the small car project should threaten its future. Nothing about the project was done illegally. ( END ) Source: The Hindu
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