Business Standard

TVS Motor comes in support of Tata

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BS Reporter Chennai

Despite the predictions on the impact of Tata's people car 'Nano' on two wheeler industry in the country, a leading two-wheeler maker has come in support of Tata's venture at West Bengal.

In a press release Venu Srinivasan, chairman, TVS Motor Company and manging director, Sundaram Clayton Ltd said that "industralisation is imperative for the progress of our country and its development. In this context every effort at greater industrialisation and employment generation has to be welcomed.

From that point of view the importance of the Nano project cannot be overemphasised. West Bengal is seeing an industrial resurgence. At this juncture this controversy which is effectively stalling an iconic project like the Nano is very unfortunate.

 

"Considering the national importance of this project, it would be unfortunate if political considerations, come in the way of India's progress," added Srinivasan.

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First Published: Aug 29 2008 | 7:04 PM IST

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