New Delhi - Tata Motors said Friday it would move its low cost Nano car project out of India's communist-ruled eastern West Bengal state if violent protests over the plant persisted.
The move would come at a great cost to the company, its shareholders and the state, Tata Group chairman Ratan Tata said at a televised media briefing at the state capital Kolkata.
Kolkata, Aug 22 : Chairman of the TATA group Ratan Tata today said that the group could exit the Nano project from Singur in the interest of the safety of its employees, if violence continued there.
Ratan Tata said that even though it would cost a great deal to move but there was a concern about the safety of employees.
"We will move from Singur whatever the cost to protect our people," he added.
On Thursday, Commerce and Industries Minister of West Bengal Nirupam Sen and Ratan Tata held talks over TATA Motor''s small car plant at Singur.
Kolkata, Aug 22: Commerce and Industries Minister of West Bengal Nirupam Sen and the Chairman of the TATA group Ratan Tata held talks last night over TATA Motor’s small car plant at Singur.
Sen apprised Tata on the recent talks between the State Government and the Opposition Trinamool Congress party to resolve the Singur land impasse.