Tatas pull out Nano project from Singur

Agencies
Posted: 2008-10-03 19:05:50+05:30 IST
Updated: Oct 03, 2008 at 1905 hrs IST

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Tatas pulled out of West Bengal for its Rs one-lakh car Nano project, blaming it on continuing agitation by the Opposition parties, spearheaded by Trinamool Congress leader Mamata Banerjee.

Addressing the media after meeting with Chief Minister Budhadeb Bhattacharjee, Ratan Tata, however, said that Nano will come out as per the committed time.

"Nano will come on time. We will make make-shift arrangement to meet deadline," Tata said.

"There was little choice but move out of Singur, he said.

The move has been prompted after taking into account issues such as well-being of its employees at the project and safety of contractors as well as that of its vendors.

The persisting agitation by the Opposition parties has been the sole reason behind the decision to pull out the project, he said.

The company is exploring offers from three-four states about the new site of the project and the new location would be announced soon, Tata said.

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Tatas pull out Nano project from Singur

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