Maharashtra To Witness Small Scale Nano Launch By Year End

Maharashtra To Witness Small Scale Nano Launch By Year EndThe ambitious Nano, which has gone through some rough times shall finally be launched by the year end from the Tata's Pune Plant. It will be a small scale launch as only 200-300 Nano's shall be seen on the roads.

After the Singur debacle, the Maharashtra government had tried its best to woo Tata back into the state. The CM, Dashmukh offered land in many places like Aurangabad, Latur, Nagpur, Nanded and Amravati, but Tata were looking for land near Pune which was not available. Even a day before the deal was finalized, Deshmukh government had offered site to the Tata officials which did not work out fruitfully. Still, in an agreement with the Congress-led Democratic Front government, Tata are to invest approximately Rs 6,000 crore in the next three to four years in Pune either for expansion of its existing units or for setting up of new plants.

Meanwhile, production of Nano from Gujarat may not be possible in 2 or 3 months because the farmers are demanding more compensation for their land. A senior industries department official said "It is not only in West Bengal, but all major projects across the country are facing a similar situation. The moment an industrial house proposes to buy land, the prices shoot up. This trend will have an adverse impact on the multicrore projects that are in the pipeline”. The large scale launch from Gujarat will be possible only by the second half of next year.