By IANS,
Chennai : Tube Investments of India (TI), a Rs.17.82-billion multi-product firm, has announced it will supply door frames to Tata Motors’ small car Nano from its Pune manufacturing facility.
With Tata Motors walking out of Singur in West Bengal following public protests against the project, vendors too have started shifting their production lines.
The car manufacturer moved its plant to produce the world’s cheapest car, priced at Rs.100,000, from Singur to Sanand in Gujarat last month.
“We have spent around Rs.80 million on plant and building at Singur. Tata has said that it would compensate the vendors suitably,” TI managing director L. Ramkumar told IANS.
TI has a separate car door frame plant at Pune to supply Tata Motor’s Indica model.
“We will set up a plant in Gujarat from where Tata will roll out the Nano model,” Ramkumar said.
He, however, added that the company would retain the land and building at Singur.