Wednesday, July 29, 2015

Mamata Banerjee to trade Tata’s small car Nano with Swraj Paul’s sports car Caparo T-1


Mamata Banerjee’s trip to Britain to woo investors and bring back investments into West Bengal got a boost of sorts when Swraj Paul, the Indian-origin British businessman whose company had an auto ancillary unit in Singur, indicated that his firm would consider setting up a plant in Bengal to manufacture a compact sports car Caparo T-1 for the Indian market.
This has been reported in telegraphindia.com dated 30 July 2015.
Swraj Paul has admitted that his sports car may not be suitable for the Indian market since it is in the high price range but he has assured Mamata Banerjee that his company is in the process of designing a cheaper sports car. Once that is done, he would consider Bengal for setting up a plant. There are many ifs and buts.
Chief Minister had gone to meet Swraj Paul in his apartment along with some businessmen from Bengal before she headed back to the airport to catch a flight to India. She had to cut short her visit because of the flood situation in Bengal.
Incidentally, Swraj Paul’s company still holds 18 acres of land in Singur. It had already begun production of equipment before Mamata's anti-land acquisition movement forced Tata Motors to shift its Nano plant out of Bengal. Obviously, it affected Swraj Paul also.
It is a quirk of fate that Mamata had driven out the small car Nano of the Tatas meant for the masses and could now be looking at the sports car Caparo T-1 meant for a selected few.
(Image courtesy wikimediacommons.org)

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