Gujarat offers best interest of the project: Ratan Tata

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Ahmedabad, Oct 7 (UNI) Ratan N Tata, Chairman of Tata Sons and Tata Motors, today said the site in Gujarat, already under possession of the state government, will help Tata Motors establish a new dedicated mother plant in the shortest possible time and least possible incremental project cost.

''The company had received overwhelming support from several states for relocating the plant. After examining various sites in these states and carefully evaluating offers from the respective governments, the company has concluded that the site at Sanand and the offer from the Gujarat Government is in the best interest of the project'', he said.

This is Tata Motors' maiden venture in Gujarat, and will broad-base the company's manufacturing footprint. ''We are happy to contribute to Gujarat's strong industrial progress by creating an auto cluster, which will have a cascading impact on the state's economy'', he said.

Tata Motors today announced that the mother plant for the Nano will be relocated to Sanand near Ahmedabad. While awaiting the Sanand plant's completion, Tata Motors will explore the possibility of manufacturing the Nano at its existing facilities at Pune and Pantnagar, and launch the car in the last quarter of this financial year.

The integrated project, comprising the mother plant and the vendor park, will come up on an area of about 1100 acres. The plant, to begin with, will produce 250,000 cars per annum. The capacity is expandable up to 500,000 cars per annum. The project, including Tata Motors' plant, vendor facilities and service providers, will together generate over 10,000 direct and indirect jobs.

UNI PVN OBB RL AS2001

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