The Tata group is coming with bagful of projects for Bengal. Among those already here are TCS’ (Tata Consultancy Services Ltd) sizeable presence in Sector V in Salt Lake and Tata Metaliks’ plant near Kharagpur.
Tata Motors’ small-car factory, proposed in Singur, will be Tata’s largest project thus far in the state in terms of investment outlay. Acquisition of land for the purpose has been completed, though the opposition parties are still creating trouble there. Shortly, boundary wall will be erected at places where barbed-wire fence now stands.
Another prestigious project is the setting up of state-of-the-art Tata Memorial Cancer Hospital in Rajarhat on a 16-acre plot. It will be a 150-bed super-speciality hospital at a cost of Rs.120 crore. Apart from all necessary facilities, the hospital will also have a research center and a nursing school. [..more]
More from Tatas’ staple is now on way to Bengal. Of special importance is the proposal of a new leather training institute and renovating/improving the existing Leather Engineering College in Beleghata in east Kolkata. Since Tatas make and sell wide variety of leather items under the brand ‘Stryde’, it is hoped their expertise will be of considerable help here. See this story.
There is a feeling that with so many plans in line for the state, the Tatas are doing a great favor. Agreed that Tata Motors’ plant could have come elsewhere, but Singur has a great locational advantage, being right on a national highway and close to port facilities.
All in all, the Tata projects are coming purely on business merit. That this is true is evident because of the fact that they have systematically reduced their holding in the erstwhile showpiece, Haldia Petrochemicals, if only for the reason that its investment in that company doesn’t seem to make much business sense for the group.
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