Tata Nano at Singur plant celebrates Durga Puja
Posted by Carazoo on July 8, 2008
Despite of facing cost overrun, Tata Motors grand Nano project has still managed to maintain Rs one lakh carthat would be rolled out from its Singur plant by Durga Puja.
However due to heavy floods last year at Singur the entire project had been reworked at the plant site which has led to further cost increase. The project has already sunk due to the floods in Rs.2000 crore and now again there has been an investment of Rs.20 billion in Singur which was earlier projected at Rs. 17 billion. So there has been an additional investment of Rs. 3 billion.
Tata Motors has sincerely dedicated to the Singur project. Nano car would have rolled out from the plant during Durga puja if everything went well as planned. However the trial production is expected to start during July or August and the car is planned to hit the Indian roads in October. There has also been a huge response from international markets like US, Latin America and South East Asia looking for the possibility of a Nano plant being set up anywhere in those countries.
Tamal said
TATA NANO may never be rolled out of Singur. The Trinamool agitation is forcing Ratan Tata to look for other sites. This is pathetic for such a philanthropic industralist. It’s a shame beyond expression for the people of West Bengal including me.