Oct 8, 2008

India - 15 minutes & Tata was sold on Gujarat

Himansh Dhomse

GANDHINAGAR: As Team Modi celebrates a landmark development, chairman Tata Group Ratan Tata, in an interview to DNA, says their 15-minute presentation was enough to tilt the cards “overwhelmingly” in favour of Gujarat. Excerpts What clinched it in favour of Gujarat?The speed and the fact that Gujarat could transfer possession of the land to us without any hassles could perhaps be the singular reason that made us decide in favour of the state. We got all clearances within a week
What was the relocation exercise like?We were contacted by seven states, one of them being Gujarat. We responded to all states and our teams visited the proposed sites. A few days later, Gujarat officials made a 15-minute presentation. Looking at their tabulation, we immediately knew the cards were overwhelmingly in their favour. The final decision was taken by the Board on Monday night.
When will the first car from Sanand hit the market?We expect the first phase of the plant to take at least a year to be functional. It is very difficult to predict the time line as it is premature to decide. We want to launch this car probably by the last quarter of the financial year but the volume would be very less.

No comments: