Tata books Gujarat for Nano Site

After having at tough times at Singur, W.B. Tata's finally booked Gujarat to develop Nano car.

Some project details :

1. 1100 acres of land have been allocated at Sanand for the project.

2. All Tata auto ancillary vendors will be moved to that area, to support Tata in building world's cheapest cars.

3. Intial rollout of Nano will be done from company's Pune and Pantnagar plants.

4. The official release of Nano has been delayed by 3 months, it will most probably be happen in the last quarter of the year.

Apart from this CM of Gujarat have clarified that it is not a lease agreement, but Tata will be buying the land at prevailing market rates.

Though according to Tata Group Chairman, the Gujarat plant will serve as the Mother plant, while they are still in process to finalize the satellite plant for Nano.

Nano rollout will certainly put Tata amongst the major World Corporate achievers, and at the same time showcase Gujarat as the state for Investment friendliness.

Thanks&Regards,
Mohit Kumar