Tata ready to move Nano plant away from contentious region
The Tata Nano may be the most expensive vehicle ever to be the cheapest new car on earth. Violent protests at one of the car's planned assembly sites have gotten so rampant that the Indian automaker is near a deal to exit the nearly completed West Bengal facility all together. Just a few days after a supplier CEO was killed by a mob of protesters, two body guards were also assaulted at the contentious facility. The controversy in West Bengal centers around the land that local farmers lost to the $200 million Euro facility, and with the building nearly complete, it's hard to believe that land will be returned any time soon even if Tata did abandon the region.
Word out of India is that the state of Karnataka has offered Tata Motors 1,000 acres plus incentives to move Nano production there, and the local media is reporting that Tata is going to announce plans as early as next week. We're not in the micro car business, but if we were, we'd avoid building them where there is the constant threat of being beaten or killed by an angry mob. Moving Nano production to a region that actually wants the Tata there seems like a foregone conclusion at this point.
[Source: Motor Trend]
