Tata halts construction of Nano plant, promises electric car for Norway within a year
It looks like Tata Motors is taking one step forward and one step back this week, with it announcing plans to launch an electric version of its Indica hatchback in Norway within a year while also letting out word that it has abruptly halted construction of the plant in Singur, India that was to have built its budget-priced Nano compact. That latter development was apparently the result of a long-standing dispute with farmers, who are demanding the return of some of the land that was seized by the state government, and had previously caused construction of the plant to be postponed for five days. For its part, Tata says it is now apparently considering relocating the construction site, which would likely cause the planned October launch of the Nano to be delayed.
Read - Reuters, "India's Tata to launch electric car in Norway in 1 yr"
Read - Tech-On, "Tata Suspends Construction of 'nano' Plant"
[Thanks, Samit]
