Tatas to finally pull out of Singur

September 3, 2008	(Be the first to rate this story!)  Loading ...
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A statement by Tata Motors said that Tatas were ‘’evaluating alternate options'’ and considering relocating the plant and machinery. The move is a result of the agitation at the Singur SEZ (Special Economic Zone). Protests by ultra-Left activists and farmers over acquiring land in Nandigram turned into a bloodbath that led to the end of an SEZ worth several thousand crores by the Indonesian Salim Group.

‘’Tata Motors has been constrained to suspend construction and commissioning work at the Nano plant in Singur in view of the continued confrontation and agitation at the site,'’ the statement said. ‘’This decision was taken in order to ensure the safety of its employees and contract labour, who have continued to be violently obstructed from reporting to work,'’ it said. While the Rs 1 lakh car may yet survive this upheaval, the Tata pullout could signal the end of the road for West Bengal chief minister Buddhadeb Bhattacharjee’s ambitious industrial revival plan. Bhattacharjee had hoped that saving the Rs 1,500-crore Nano project might alter his state’s image of being hostile to industry.

The Tata statement said, ‘’In view of the current situation, the company is evaluating alternate options for manufacturing the Nano car at other company facilities and a detailed plan to relocate the plant and machinery to an alternate site is under preparation.'’ Last month, Ratan Tata had said he would rather pull out of Singur than expose his staff and machinery to attacks.

News Published Under:   Special Economic Zones |

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