'Setback for country if Nano forced out of WB' | india | Hindustan Times
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'Setback for country if Nano forced out of WB'

india Updated: Aug 29, 2008 19:38 IST

PTI
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Top industry leaders on Friday warned that the country would suffer a big setback if Tata Motors was forced to withdraw the small car project from West Bengal.

Joining the ranks of protesters from the industry against the threat to industry, two days after RIL Chairman Mukesh Ambani threw his weight behind Tatas, were Sunil Mittal, Jamshyd Godrej, CK Birla, Gautam Thapar, Venu Srinivasan apart from KV Kamath, President of CII.

"Tatas pulling out of West Bengal would be unfortunate for India...Immediate political dialogue to find a solution towards keeping the project in West Bengal is imperative," Bharti Chairman and Group CEO Sunil Mittal said.

If the house of Tatas, known for its values and care for society, can face such resistance, the much needed fresh wave of industrialisation in the country would suffer, he added.

Expressing similar views, Godrej & Boyce Manufacturing Co Ltd Chairman and Managing Director Jamshyd N Godrej said,"... Nano's moving out would be a setback for not just West Bengal but for the entire country."

The small car project was a statement of the coming of age of Indian manufacturing, he said, adding "it is, therefore, very unfortunate that the entire project is facing a political situation which it does not warrant".

Sundaram Clayton Managing Director Venu Srinivasan said the controversy which was effectively stalling an 'iconic project' like the Nano was very unfortunate.

"We have in Ratan Tata one of the most socially conscious business leaders of our times.

Their record of caring for all stakeholders in general and the community in particular is unparallelled. Considering the national importance of this project, it would be unfortunate if political considerations, come in the way of India's progress," Srinivasan said.