The Society of Indian Automobile Manufacturers (SIAM) today expressed its disappointment with the developments in Singur.
The SIAM chairman said : the investments being made would result in a product that is a global first and hence global attention is on the developments. SIAM believes that this was a landmark decision that could and will change the lives of people in the area and also revive industrialisation in the State of West Bengal and the eastern region.
The progress of the investment is such that the factories have been built and therefore it is important to find a solution that does not adversely effect the investments made and most importantly the overall competitiveness and viability of the project.
SIAM would like to appeal to all concerned that a process must be initiated to arrive at a solution that would take forward the project so that production targets are not missed.