Some analysts also are of the view that at a time when Nano sales itself have failed to live up to the initial projections, a second Nano plant may also not make business sense at this point. But the Singur plot, being well connected and having the necessary infrastructure to back a large manufacturing venture, could have had other usage for the group.
In April this year, Tata Motors had in fact renewed the lease for Singur land by another year even after the Nano production was well underway in Sanand, Gujarat. It paid Rs 1 crore to the West Bengal Industrial Development Corporation (WBIDC) after it gained approval from the vendors of the Nano project to renew the lease.
Image: An employee works inside a plant for the Tata Nano car at Sanand in Gujarat