India Server
AddThis Feed Button
SpectrumSpectrum

Spectrum
According to Tata Motors, a major in automobile industry, the work of the Nano plant in Gujarat is in full swing. The statement also added that the work is expected to get over by January next year.


TATA Nano Plant In Gujarat To Be Ready In Jan
Last Updated: 2009-08-26T10:12:35+05:30
PrintMailRecommend This Site
According to a statement from the Tata Motors, a major in automobile industry, the work of the Nano plant in Gujarat is in full swing. The statement also added that the work is expected to get over by January next year.
 
"The Sanand plant will be ready by January next year. At first stage, the plant will produce more yellow and silver coloured cars as they are in demand in the market," said the Tata Motors Chairman, Ratan Tata, while addressing the company's Annual General Meeting which was held in Mumbai.
 
According to Ratan Tata, the Sanand plant will be complimenting the manufacturing the production of Tata Nano cars which are currently being rolled out of the company's facility at Pantnagar in Uttarakhand.
 
Tata Motors had pulled out of the proposed Nano site at Singur, West Bengal, following agitation in 2008. The site had then been relocated to Sanand, which lie in the outskirts of Ahmedabad.
 
The shifting of the plant cost the company Rs 100 crore, Tata said, adding that the net loss on account of the relocation had not been assessed yet.
 
The car, flaunted as the cheapest in the world, would initially cater to the Indian market but the company plans to export the vehicle to Europe, Africa and Asia, he said.
 
Nano was launched in Mumbai during July 09.
More news on:   • Tata Motors   • Ratan Tata  

PrintMailRecommend This Site

SEARCH

Business

See also: Rishi Kapoor  |  S M Krishna  |  Sachin Tendulkar  |  Saif Ali Khan  |  Salman Khan  |  Salman Khursheed  |  Sanjay Dutt  |  Shah Rukh Khan  |  Shahid Kapoor  |  Sharad Pawar  |  Shiney Ahuja  |  Sourav Ganguly


Top 


Latest News


More topics in Business