Tata Nano will be out in the market from Tata Motors Singur facility in West Bengal by October this year in spite of the project facing cost overrun. Tata Motors ambitious Nano project has been facing cost overrun but the company is still trying to maintain the Rs one lakh car tag.
Company Managing Director Ravi Kant told“We have already sunk in Rs 2000 crore”. Kant added that earlier the project cost was pegged at Rs 1700 crore.
Stating that Tata Motors was fully committed to the Singur project, Kant said if everything went well as planned, then the Nano car would be rolled out from the plant during Durga Puja.“We hope to start trial production during July or August” he said. Asked whether there was a possibility of Nano being rolled out from any other plant of Tata Motors, Kant said, “Nano will be produced out of West Bengal”.
Mr. Kant had earlier stated that while the company’s focus would remain the domestic market for the first couple of years, Tata Motors was keen to take the car to Africa and Latin America as the global interest for the small car is increased meanwhile.
2 comments:
Shame on Ratan Tata for ignoring focusing on its profits instead of environmental priorities.
What India needs is more investment in agriculture and in public mass transit. Tata, the West Bengal Left Govt and the neo-liberal Central Govt have managed to defeat both of the abovementioned urgent national priorities for a so-called "cheap" car. Cheap for the environment? Yeah right.
http://www.Ethicaldemocracy.blogspot.com
See:
The Rise of the Car Nazis: Ratan and the Tata Wannabes
Shame on Ratan Tata for focusing on his company's profits instead of urgent environmental justice priorities.
What India needs is more investment in BOTH agriculture and in public mass transit. Not private car ownership and manufactre. Tata, the West Bengal Left Govt, the neo-liberal Central Govt and the opportunist Trinamool have collectively managed to defeat both of the abovementioned urgent national priorities for a so-called "cheap" car.
Cheap for the environment? Cheap for Farmers? Yeah right.
http://www.Ethicaldemocracy.blogspot.com
See:
The Rise of the Car Nazis: Ratan and the Tata Wannabes
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