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Buddha's loss is Modi's gain as Nano goes to Gujarat |
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Tata Motors' ambitious Nano car project, which was forced out of Singur, has found a new home in Gujarat.
Gujarat government and Tata Motors signed an MoU in Ahmedabad on Tuesday, bringing the ambitious project to the state. |
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Gujarat Chief Minister Narendra Modi announced allocation of 11,00 acres of land at Sanand near Ahmedabad to the Tatas.
Tata group chairman Ratan Tata made a joint statement on the matter with Chief Minister Narendra Modi on Tuesday in Ahmedabad.
A Tata Motors team has already done techno-economic surveys of the new site located in Sanand, 34 km from Ahmedabad. Rajkot could emerge as the ancillary hub for the Nano project. | |
The state government has promised the Tatas various tax sops and ready land alongwith connectivity to the national highway.
In addition, the company has been assured that no bandhs or labour unrest will hurt the project.
Playing safe this time, Tata is also looking for more than one site for the plant and is likely to opt for two states.
Interestingly, during a summit in Ahmedabad last year Ratan Tata had said, "If you are not in Gujarat, you are stupid".
And it now seems that for the last one month, the Modi government has marketed these very words to Tatas. But the man himself is choosing to remain mum.
Courtesy By : ndtv.com
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