Investment in Bengal only if no hostilities: Tata

dsgdsggdgdg.jpg.crop_display.jpg

Tata Group will invest in West Bengal only if it is satisfied that the state government has no hostility towards it, the conglomerate's chairman Ratan Tata said here on Tuesday.

"There is a need for satisfying ourselves that there is no hostility towards us. When we feel that way, we will undoubtedly, like anywhere else, invest in the state," Tata said at the annual general meeting of the group's beverage company.

About investments in Bengal, Tata said: "I cannot comment on new investments except that we have several investments today in the state. New investments will come when opportunities arise. At present, we don't have any but there is nothing negative."

"The feeling for West Bengal caused us to look at setting up the Nano plant (in Singur) and increase investment in the state. In many ways we have a fondness for the people of Bengal. That feeling for Bengal still exists," said Tata.

On the possibility of an out-of-court settlement on the Singur land case, he said: "It is sub-judice and I don't think I can a make a statement. There is an ordinance that has been enacted and we have said that allocation of land should not be done before the court decides."

The company's move to set up a car plant in Singur had to be scrapped after persistent and often bloodied agitation led by Trinamool Congress chief Mamata Banerjee against alleged forcible acquisition of land for the project by the then Left Front government.

Immediately after coming to power, Banerjee passed the Singur Land Rehabilitation and Development Act, scrapping the land lease given to Tata Motors and evicting the company from the premises at Singur.

The act had been challenged by the company and the matter is pending before the Calcutta High Court.

Post new comment

<form action="/comment/reply/93427" accept-charset="UTF-8" method="post" id="comment-form"> <div><div class="form-item" id="edit-name-wrapper"> <label for="edit-name">Your name: <span class="form-required" title="This field is required.">*</span></label> <input type="text" maxlength="60" name="name" id="edit-name" size="30" value="Reader" class="form-text required" /> </div> <div class="form-item" id="edit-mail-wrapper"> <label for="edit-mail">E-Mail Address: <span class="form-required" title="This field is required.">*</span></label> <input type="text" maxlength="64" name="mail" id="edit-mail" size="30" value="" class="form-text required" /> <div class="description">The content of this field is kept private and will not be shown publicly.</div> </div> <div class="form-item" id="edit-comment-wrapper"> <label for="edit-comment">Comment: <span class="form-required" title="This field is required.">*</span></label> <textarea cols="60" rows="15" name="comment" id="edit-comment" class="form-textarea resizable required"></textarea> </div> <fieldset class=" collapsible collapsed"><legend>Input format</legend><div class="form-item" id="edit-format-1-wrapper"> <label class="option" for="edit-format-1"><input type="radio" id="edit-format-1" name="format" value="1" class="form-radio" /> Filtered HTML</label> <div class="description"><ul class="tips"><li>Web page addresses and e-mail addresses turn into links automatically.</li><li>Allowed HTML tags: &lt;a&gt; &lt;em&gt; &lt;strong&gt; &lt;cite&gt; &lt;code&gt; &lt;ul&gt; &lt;ol&gt; &lt;li&gt; &lt;dl&gt; &lt;dt&gt; &lt;dd&gt;</li><li>Lines and paragraphs break automatically.</li></ul></div> </div> <div class="form-item" id="edit-format-2-wrapper"> <label class="option" for="edit-format-2"><input type="radio" id="edit-format-2" name="format" value="2" checked="checked" class="form-radio" /> Full HTML</label> <div class="description"><ul class="tips"><li>Web page addresses and e-mail addresses turn into links automatically.</li><li>Lines and paragraphs break automatically.</li></ul></div> </div> </fieldset> <input type="hidden" name="form_build_id" id="form-2c71fd6bbc85191ec1d12bcf9a78c694" value="form-2c71fd6bbc85191ec1d12bcf9a78c694" /> <input type="hidden" name="form_id" id="edit-comment-form" value="comment_form" /> <fieldset class="captcha"><legend>CAPTCHA</legend><div class="description">This question is for testing whether you are a human visitor and to prevent automated spam submissions.</div><input type="hidden" name="captcha_sid" id="edit-captcha-sid" value="80058204" /> <input type="hidden" name="captcha_response" id="edit-captcha-response" value="NLPCaptcha" /> <div class="form-item"> <div id="nlpcaptcha_ajax_api_container"><script type="text/javascript"> var NLPOptions = {key:'c4823cf77a2526b0fba265e2af75c1b5'};</script><script type="text/javascript" src="http://call.nlpcaptcha.in/js/captcha.js" ></script></div> </div> </fieldset> <span class="btn-left"><span class="btn-right"><input type="submit" name="op" id="edit-submit" value="Save" class="form-submit" /></span></span> </div></form>

No Articles Found

No Articles Found

No Articles Found

I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.