Xenitis to bring small car earlier than Tatas, claims Chairman
Barrackpore, Aug 01 (UNI) Xenitis Group Chairman-cum-Managing Director Santanu Ghosh today claimed that his company would roll out small cars at a cost of below Rs one lakh well before the Tatas.
Speaking during the inauguration of the Global Automobile, a two-wheeler showroom here, he said the company would come out with the small cars earlier than the Tatas' Singur project.
Mr Ghosh said his company had tied up with a Honda Engine manufacturing Chinese company for the two-wheeler and would diversify its production.
The motor bike unit with a state-of-the-art technology started its production from May this year and fixed a target of 4.5 lakh bikes in a year.
Inaugurating the showroom, CPI(M) MP from Barrackpore Tarit Baran Topdar said militancy in the working class movement was no doubt a major setback to the industrial state of affairs in West Bengal.
He also held the Centre responsible for its "insincerity" to the industrial development of the state.
UNI