City
Epaper

Tata Sons Chairman responds to Gadkari letter, assures evaluating new investment opportunities

By IANS | Updated: November 1, 2022 19:30 IST

New Delhi, Nov 1 Amid Maharashtra losing many big-ticket projects to neighbouring Gujarat, Tata Sons Chairman N. Chandrasekaran ...

Open in App

New Delhi, Nov 1 Amid Maharashtra losing many big-ticket projects to neighbouring Gujarat, Tata Sons Chairman N. Chandrasekaran has responded to Union Road Transport Minister's Nitin Gadkari's letter seeking investments from the Tata Group in and around the state's Nagpur.

In the letter, Chandrasekaran has said that teams will be in touch with the Vidarbha Economic Development (VED) Council members "as we evaluate new investment opportunities across the group".

"I have gone through the information in your letter about the various business opportunities in Nagpur for the Tata Group. I have also noted the availability of both SEZ and non SEZ land in areas which are well connected via road, rail and airways," said the letter written on October 19.

"Our teams will definitely be in touch with the Vidarbha Economic Development (VED) Council members as we evaluate new investment opportunities across the group. I look forward meeting you," it said.

On October 7, citing strengths like infrastructure, land availability and connectivity, the Union Minister had written a letter and sought investments from the Tata Group in and around Nagpur.

Recently, Gujarat has bagged many big projects including over Rs 1.5 lakh crore investment from Foxconn-Vedanta on chip manufacturing and nearly Rs 22,000 crore aircraft manufacturing project by Tata-Airbus.

The ruling BJP has faced criticism after Gujarat - where Assembly polls are approaching - walked away with at least two mega projects in the recent months.

Opposition parties have blamed the Eknath Shinde-led Maharashtra government as the big ticket projects went to Gujarat.

"Another project! I have voiced this since July, asking Khoke Sarkar to try for it (Tata Airbus). I wonder why every project is going to other states in the last 3 months. Loss of faith in khoke sarkar is evident on industry level. Will the industry minister resign after losing 4 projects?" Shiv Sena-UBT leader Aaditya Thackeray tweeted on October 27.

In one of the biggest corporate investments, a joint venture of Vedanta and Foxconn had on September 14 signed a Memorandum of Understanding (MoU) with the Gujarat government to invest over Rs 1.5 lakh crore to set up the semiconductor plant in the state.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Khoke sarkarTata SonsTata GroupAaditya ThackerayShiv sena mlaShareholders of tata motorsTata sons private limitedTata sons private ltdAaditya uddhav thackerayThe board of tata sonsEnvironment aditya thackeray
Open in App

Related Stories

MumbaiAaditya Thackeray Reacts to Viral Video of Chhatrapati Shivaji Maharaj Portrait On Hotel's Washroom Door

MumbaiShiv Sena (UBT) Chief Uddhav Thackeray’s Son Tejas Thackeray Hospitalised in Mumbai

PuneMumbai–Pune Expressway Traffic: Aaditya Thackeray Slams Government, Toll Operators as Commuters Remain Stranded for Over 20 Hours

MaharashtraAjit Pawar Passes Away: Maharashtra Governor Acharya Devvrat, Aaditya Thackeray Express Grief Over Demise of Deputy CM

MumbaiNeela Desai, Shiv Sena UBT’s First Woman MLA, Passes Away Due to Heart Attack

Politics Realted Stories

PoliticsNitish Kumar to take oath as Rajya Sabha MP today

Politics"Wouldn't be surprising if BJP-led NDA reaches triple digits": Assam CM on record polling in state

Politics"Privilege of my life to enter Parliament under leadership of PM Modi": Parth Ajit Pawar

Politics"Historic...watershed moment in Assam's history": Himanta Sarma lauds highest turnout in assembly polls

PoliticsAssam, Puducherry record highest voting percentage of 85.38% and 89.83%; Kerala sees over 78% voter turnout