Tatas ready for Bengal 'if no hostilities' | business | Hindustan Times
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Tatas ready for Bengal 'if no hostilities'

business Updated: Aug 30, 2011 21:43 IST
HT Correspondent
HT Correspondent
Hindustan Times
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The Tatas would not make any further investment in West Bengal unless it becomes certain that there is no hostility against them in the state, chairman Ratan Tata said in Kolkata on Tuesday.

"There is a need for satisfying ourselves that there is no hostility towards us. When we feel that way, we will undoubtedly invest in the state," Tata said at the annual general meeting of Tata Global Beverages Ltd.

"I cannot comment on new investments except that we have several investments today in the state," said Tata. "New investments will come when opportunities arise."

"We did that not because of any vested interest, but due to the fact industries were long ignored in this part of the country," said Tata. "We have fondness for the people of West Bengal, and hence we decided to invest in the state. That feeling still prevails."

State industry minister Partha Chatterjee did not take HT's calls, nor respond to text messages seeking his reaction on Tata's stance.