Tata Motors plans unit in Uttaranchal

Auto giant Tata Motors will finalise its proposal shortly for setting up a new facility in Uttaranchal.

A team of Tata Motors officials toured Uttaranchal and met top officials and Chief Minister N D Tiwari in their apparent bid to finalise the proposal.

V S Thakur, vice-president of the company was a part of the team which held detailed talks with top officials of the industry department. Tiwari assured Tata Motors officials that the government would provide the best infrastructure facility to them.

Early this month, a Tata Motors team headed by Managing Director Ravi Kant had visited the upcoming industrial estates in Udham Singh Nagar and held talks with top state government officials and the chief minister in Dehradun. This had also given rise to the speculation that Tata Motors would set up a facility in Uttaranchal to produce the dream Rs 1-lakh car.

Recently, group Chairman Ratan Tata has set an annual sales target of 1 million units ""nearly equivalent to India's current size of the passenger vehicle market""for the new vehicle due for launch in 2008.