Tata keen on West Bengal despite Singur fiasco
Among the changes that will follow Mamata Banerjee-led Trinamool-Congress combine's sweep in West Bengal may be the return of the Tatas with a fatter wallet. HT reports.autos Updated: May 17, 2011 23:59 IST
Among the changes that will follow Mamata Banerjee-led Trinamool-Congress combine's sweep in West Bengal may be the return of the Tatas with a fatter wallet.
In a note congratulating Banerjee, a senior aide of Tata group chief Ratan Tata has hinted that the group is willing to invest more in the state.
The tenor of the letter is in stark contrast to Tata's open letter to the youth of Bengal after the Singur fiasco in 2008 about the difference between the 'Good M' (Gujarat chief minister Narendra Modi) and 'Bad M' (Mamata Banerjee).
It was a rare attack from a business house on a political party.
In 2009, Tata Motors had pulled out of its Nano project in Singur due to Banerjee's relentless opposition to the project on the ground that the state government had forcibly acquired fertile land for the Tatas.
In fact, Singur was the beginning of the end of the three-decade-long Left rule in West Bengal.
A senior Tata group executive said on condition of anonymity: "The group has always believed that Bengal has tremendous scope for investment and growth and that has not changed despite Singur… Mr Tata has always maintained he would like to invest more in the state."
TMC also seems to be in a mood to relent.
"We are ready to let bygones be bygones," said a senior TMC leader.
"We will work differently and history will not be repeated as those mistakes will not be committed."