WB plans Rs 2,200 cr vendor park for Tata car

The total investment "" by Tata Motors and its vendors "" in the one lakh car project is Rs 3,700 crore. The West Bengal government has disclosed that the investment in the vendor park would be around Rs 2,200 crore.

Around 55 vendors had been roped in for the project, of which 54 would be making an entry into Bengal with the small car project. State commerce and industry minister Nirupam Sen said the land for the twin project of Telcon's earth-moving equipment facility in Bengal had also been acquired. Telcon is promoted by Tata Motors.

The lease agreement was signed between the company and the state government. The total investment, including the vendor park, will be around Rs 1,100 crore. Hitachi, a 40 per cent partner in Telcon, would be setting up a R&D facility near the project site, which would be a global hub for Hitachi. The centre is Hitachi's first outside Japan.