NEW
DELHI:
The suspension of work at the Tata Motors’ Nano plant in Singur was
unfortunate, but it would not deter foreign investors to India on a
long-term basis, Bajaj Auto chairman Rahul Bajaj said.
“It’s a very
unfortunate thing that has happened in Singur,
but I don’t think that there will be any long-term effect on India’s position
as an investment destination,” Bajaj told reporters here on the sidelines of
the annual convention of the Society of Indian Automobile Manufacturers.
“I definitely
want Tata Nano to come out from Singur and I hope it will come out in October
itself,” he added.
Bajaj said West
Bengal chief minister Buddhadeb Bhattacharya had worked “very hard” in the last
four years to secure investments in his state, and a Tata pullout could prove
to be a setback for West Bengal.
To a question
that he had vested interest in the issue as Bajaj Auto had plans to launch a
rival small car, Bajaj retorted: “Those who say this have selfish interest or
are plain stupid. Those who say this are thieves, interested parties or plain
stupid.”
“I have always advocated that nobody’s land should be taken without giving a
fair price and against their will. I have been saying this for the last four
years to the government,” he said.
“Bajaj Motors
itself was set up on acquired land. I am nobody to comment against it, but all
I am saying that development has to take place but at the same time, people
need food security.”
The government
had acquired 997.11 acres of farmland in Singur, about 40 kilometres from Kolkata,
and given it to Tata Motors to set up the Nano small car plant.
However, from
the very onset, the project has faced resistance from various political parties
over the issue of acquisition of the land.
From Aug 24,
the state’s principal opposition party Trinamool Congress has laid siege to the
area surrounding the factory, demanding the return of 400 acres.
As a result,
Tata Motors suspended work at the Nano factory for an indefinite period and
signalled its readiness to pull out of the state.