Car plant in WB possible; depends on political climate: Tata

Image
Press Trust of India Kolkata
Last Updated : Jan 25 2013 | 4:04 AM IST

He was responding to the shareholders' questions relating to the abandoned Nano car factory at Singur at the AGM of Tata Global Beverages.

Tata said: "It is something that does not bring anger to me. But there is a sense of sadness because we could not bring it here."

"The case is now sub-judice and we will honour the outcome and respect the wishes of the Bengal government. Who knows, there could be a Tata Motors factory somewhere in Bengal and hopefully we welcome that," he said.

On his involvement with Bengal, he said, "I enjoyed, in fact, a great sense of satisfaction during interaction with the shareholders. The people of Bengal are friendly and warm. I had lived for six years in Jamshedpur and often used to visit Kolkata during which time an affinity had developed. That is why we wanted to bring a car factory here.

"Only when there is friendliness at the political level, we will think of it. We are an Indian group. We have no bias and prejudice. The group will not walk away from Bengal," Tata said.

It was the last appearance of Ratan Tata as the chairman of the company at the AGM.

Describing himself as a "very emotional person", Tata said, "This is an emotional meeting for me. I will be back sitting with you in future. I will carry back the warmth and affection showed towards me and I will remember it till the end of my life."

  

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 31 2012 | 2:45 PM IST

Next Story