More investment from Tata group likely in Gujarat

By IANS
Wednesday, June 2, 2010

SANAND/AHMEDABAD - The Tata’s are mulling more investments in Gujarat, group Chairman Ratan Tata indicated here Wednesday.

He said Gujarat Chief Minister Narendra Modi had asked him about his future plans for Gujarat. “I told him that it will be a surprise.”

Tata was speaking at the inaugural function of Tata Motors’ new Nano plant here.

Modi, who inaugurated the plant, welcomed the homecoming of the Tatas. “He has promised to surprise me. I welcome him and his company with open arms. I hope he brings new projects to the state and thus contributes to both Gujarat and India’s development.”

“The revolution brought by Ford in the early 20th century with its small car is being replicated now by Ratan Tata with his Nano,” he added.

The chief minister likened the setting up and commissioning of the Nano plant in Gujarat in record time as a joint venture of Gujarat and the Tatas.

“We in the government are also incorporating the corporate approach to make things happen in record time. That it was completed in 14 months to coincide with the golden jubilee of the state is proof of it. It will be our endeavour to match strides and make things happen in future as well,” he added.

When Tata announced that his company was quitting Singur, Modi said: “I SMSed him to come to Gujarat. The one-rupee SMS did this wonder.”

Filed under: Economy

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