Sunday, October 5, 2008

Different Govt. wooing Tata


After Tata's decision of moving out of Singur, different state govt. sensed great opportunity. Many state govt. are now poaching Tata's to invest in their states.Unlike Singur, they know the importance of the project, and what it meant for their state development. They know that their intial relaxation both in terms of tax and other investments, will surely pay for the years to come both for the state development and people over there. It also shows the investment friendliness of the state, without any political bottlenecks.

Govt. wooing Tata :
1. Gujarat : Mundra SEZ is identified as the core place of Tata's Nano project, close proximity to major ports and connectivity to both by rails and roads to major metros, make it one of the ideal place for investments.

2. Andhra Pradesh : AP govt. is wooing Tata's by giving high level of Tax relaxation and place to setup their plants.

3.Karnataka : Same by Karnataka govt.

Such a initative is really needed by any govt. to showcase their Investment friendliness, and with only once concern i.e. development of the region and people over there.

Thanks&Regards,
Mohit
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