Political consideration should not come in way of Nano project

Bangalore, Aug 29 (UNI) TVS Motor Company Chairman Venu Srinivasan today said it will be highly dissapointing of 'political considerations' comes in the way of launching the Nano car project by the Tatas in Singur in West Bengal.

In a statement issued here today the CII Vice President said Tata's have been the foremost group in industralising with a human face.

"We have in Ratan Tata one of the most socially conscious business leaders of our times. The group's record of caring for all stakeholders in general and the community in particular is unparalleled," he said.

Considering the national importance of the Nano project, it would be unfortunate if political considerations, come in the way of India's progress, Mr Srinivasan said.

He said industralisation was imperative for the progress of the country and its development. With the highest number of youngest populations in the world, and millions entering the working age population every year the country needed more projects like Nano car project.

"In this context every effort at greater industrialisation and employment generation has to be welcomed. From that point of view the importance of this project cannot be overemphasised," he said.

The TVS Chief said West Bengal, under the stewardship of Mr Buddhadeb Bhattacharya was seeing an industrial resurgence. At this juncture this controversy which was effectively stalling an iconic project like the Nano was very unfortunate.

UNI RS HVB2052