Mukesh Ambani hits out opposition to Nano project in Singur

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Mumbai, Aug 27 (UNI) Opening out against the political turmoil in West Bengal over the land allotment row to tha Tata Motors Small Car project in Singur, Reliance Industries Chairman and Managing Director Mukesh Ambani today regretted that a fear psychosis is being created to slow down certain projects of national importance.

Speaking on the ongoing ''Dharna'' by the Trinamool Congress in Singur against land transfer, Mr Ambani in a statement here said such attempts to slow down projects will be ''counter-productive for the country's economic growth, its global image as well as our ability to attract investments from across the world.'' He said, 'The Indian industry and the political leadership in the country need to work together to deliver on the aspirations of the millions of Indians in urban and rural areas.'' Mr Ambani said the Nano Project is an unique and innovative initiative, which will establish India's position as a small car hub. The Indian Industry must be encouraged to make such large investments in order to build the country's competitiveness as well as support job creations.

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