Several industrialists have said that today's Supreme Court verdict on Singur land acquisition would have a national impact.
The Bengal Chamber of Commerce and Industries said: "This landmark judgement will have an impact on the whole country. The West Bengal government has triggered an issue which has a national impact.
"The long-term impact on industrialisation will have to be assessed. Any industrial activity must be in sync with the laws of the land. The judgement gives a direction," it said.
MCC Chamber of Commerce and Industry president Manish Goenka hailed Chief Minister Mamata Banerjee for her defence of the rights of poor farmers.
"At the same time the state is in need of investment and we hope that the government of West Bengal will devise a way to attract investment in Singur," he said.
MCC, he said, is pleased with the Supreme Court verdict today which set aside the land acquisition by West Bengal government in 2006 asking it to take possession of the land and distribute it to the original land owners within 12 weeks.
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