Tatas' massive plans for eastern India
PM News Bureau
The Tata Group is presently engaged in developing various projects across the country.
An auto unit is on the anvil for West Bengal. The Tatas may compensate for their proposed exit from Haldia Petro by setting up an auto unit in West Bengal. The project is in a nascent stage and Tata Motors has, reportedly, sent feelers to the West Bengal government. According to sources, the group has carried out a market survey and will soon conduct techno-commercial feasibility of the project. The state government is expected to offer Rajarhat New Township, Durgapur and Haldia as ideal locations for the new unit.
If Ratan Tata, Chairman of Tata Sons Ltd, is to be believed, the group is quite serious about its plans to set up a 6 million tonne integrated steel plant at Kalinganagar in Jajpur, Orissa, at a cost of Rs 12,000 crore. Tisco has already completed the feasibility study of the project and has applied to IDCO for 2,500 acres of land at Kalinganagar. In addition, another 1,500 acres of land has been identified for the project for future acquisition. Besides, the Tatas will be developing Dhamra port in the state at an estimated cost of Rs 2,000 crore. TCS, another group company, is also exploring the possibility of setting up a software development centre in Bhubaneswar.
The Tata Group is also planning to establish a state-of-the-art cancer hospital in Kolkata in alliance with Tata Memorial Hospital, Mumbai, which specialises in early diagnosis and treatment of cancer. This project is in a nascent stage and may take some time before project plans are firmed up.
(Sept 16-30, 2004)