.. Yet to give final nod to Dharwad plant
The Times of India
Saturday, June 24, 2006 12:00:56 am
TIMES NEWS NETWORK
BANGALORE: Though the Karnataka government has claimed that Tata Motors'much touted Rs 1 lakh car project would be based surely in Dharwad, sources told ToI that a final decision has not been taken yet by the Tatas.
The sources, however, said the Tata Motors team has shown interest in Dharwad due to its geographic location, being located between Bangalore and Pune (where Tata has major facilities).
When contacted Tata Motors said it will not like to comment on state-specific developments on the project, as the company is looking at various locations.
Ratan Tata has targeted annual sales of 1 million units of the Rs 1 lakh car which is scheduled to be launched in 2008-09.
The company has planned multi-location assembly units of the car to cater to these volumes, and that's how locations in Karnataka, Bengal and Uttaranchal got thrown into the picture.
