Business Daily from THE HINDU group of publications
Saturday, Oct 04, 2008
ePaper | Mobile/PDA Version | Audio | Blogs

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Corporate - New Projects
States - Gujarat
Get Latest Quote and Company Info
Gujarat on Tatas’ radar for Nano plant?

Virendra Pandit

Ahmedabad, Oct 3 Among the locations to shift the Rs 1,500-crore Nano plant from Singur in West Bengal, Tata Motors is reported to be seriously considering Gujarat where General Motors already has a plant and Maruti will soon have a port terminal at Mundra.

According to reports, Mr Ratan Tata, who said an emotional good-bye to Singur this evening, is likely to meet the Gujarat Chief Minister, Mr Narendra Modi, on October 7 in this regard. Tata Motors officials have already met the State Government representatives in recent weeks. But Ministers and officials have refrained from commenting on the Nano issue.

Gujarat may emerge as a better choice for logistical reasons and a satisfactory industrial and labour environment in the State. The State, like West Bengal, is well-connected by air, sea and land routes. Besides, the Delhi-Mumbai Industrial Corridor (DMIC) passing two-thirds through Gujarat and the proposed Special Investment Region (SIR) would soon make it even more attractive.

“You are stupid if you are not investing in Gujarat!”, Mr Ratan Tata had said publicly while addressing a mammoth gathering of industrialists and businessmen at the ‘Vibrant Gujarat Global Investors Summit’ in January 2007 here, in what is now seen as his likely choice of this State for relocating the Nano plant.

In view of Mr Tata’s remarks in Kolkata today that the company was exploring offers from three to four states and that Tata Motors would eventually have more than one Nano plant, at least one of these plants may be located in Gujarat.

Recently, Sanand, 30 km from Ahmedabad, is reported to have emerged as a likely destination for the Nano plant, where the State Government may offer 1,000 acres of land to the Tatas, out of the 2,200 acres owned by Gujarat Agriculture University (GAU) in the area.

Construction work on these premises was suddenly stopped recently. Among the other likely places, should the Tatas decide upon Gujarat , are Savli in the Panchmahals district (where GM already has a plant, near Vadodara), Mundra (Kutch), Prantij (Himmatnagar), Padra (Vadodara) and Maroli (Navsari).

According to sources, the State Government could also offer 200 acres of land at Savli for the mother Nano project. The authorities had, some time ago, decided to cancel allotment of this land earmarked for a biotech park. Vadodara is centrally located between Delhi and Mumbai and is well-connected by road, rail and air routes.

Another 800 acres of land required for ancillary units could be offered in the adjoining the Panchmahals or Bhavnagar districts. Already, about 30 per cent parts of Nano are being manufactured at Rajkot. Land is also available in Banaskantha, Kutch, Rajkot and Jamnagar districts, as it is owned by Gujarat Industrial Development Corporation (GIDC), the nodal agency for industrial matters, and there is no problem in land acquisition.

Related Stories:
Nano project: Ratan Tata to meet Buddhadeb on Friday
Fears of Tata Motors pulling out of Singur loom large

More Stories on : New Projects | Cars | Tata Motors Ltd | Gujarat

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page




Stories in this Section
Emami ups open offer price for Zandu to Rs 16,500 a share


Consolidated Constructions wins orders worth Rs 1,500 cr
Daiichi Sankyo-Ranbaxy deal gets Govt clearance
‘Pull-out unlikely to hit Tata Motors’ stock valuations’
Kia Electronics manufacturing base likely in India
Gujarat on Tatas’ radar for Nano plant?
Tatas pull out of Singur; to look at Nano relocation
McLeod Russel set to buy Vietnamese tea company
Choice Hotel in Hyderabad
Eli Lilly forms jt venture with Jubilant for drug development
RIL to start test runs of new refinery soon
Hindustan Motors to launch new commercial vehicle
IOC import bill may go up by 17.6%
‘Cairn’s Ravva oilfield enters declining phase’
Linking farms and corporates


Life



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line