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Home -> Finance -> Full Story

Tatas to invest more in West Bengal: Ratan Tata
Tuesday, August 9 2005 19:07 Hrs (IST) - World Time -

Kolkata: West Bengal could look forward to a great deal of investment from the Tatas, which had had earlier been ignored by the group.

"We have ignored the State and we will rectify this as West Bengal has emerged as an attractive destination," Chairman of Tata Sons Limited Ratan Tata today (Aug 9, 2005) said.

He told newsmen here that Tata Steel was already putting up a coke plant in Haldia, while the group was in the process of constructing a 150-bed cancer hospital at a cost of Rs 92 crore, for which land allotment by the West Bengal Government had been finalised.

On other plans, he said that the West Bengal Chief Minister Buddhadev Bhattacharjee had indicated that the State would like to see growth in the automotive sector, adding that he would look into it.

Asked about the timeframe by when a decision would be taken, Tata said that nothing could be said now as the whole market was dynamic.

"When the time is ripe, we will make certain announcement" he said.

Tata Power was also looking for investment opportunities in West Bengal, he said.

PTI



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