BREAKING
Business

West Bengal govt in talks with Tata group for fresh investments

Kolkata: The West Bengal government is in talks with the Tata group to bring fresh investments to the state, Industry Minister Tapas Roy said on Sunday.

Tata Motors had pulled out of Singur in October 2008 and moved its Nano car project to Sanand in Gujarat following a prolonged agitation against land acquisition led by TMC supremo Mamata Banerjee.

“We are in touch with Tata, discussions are ongoing to bring them to the state,” Roy said. The Tata group has businesses in several sectors in West Bengal, including IT services, metals, hospitality and retail. “The Tata group has many businesses other than the automobile sector. It is being explored if they want to expand these or start new units,” he said. Asked about the payment of the arbitral award, along with interest, to Tata Motors by the West Bengal Industrial Development Corporation (WBIDC) as the company had to abandon the Singur project, Roy declined to comment.