• Nitin Gadkari wrote a letter to the chairman of Tata Sons on 7 October, which was made public on 29 October, as Maharashtra lost out to the neighboring state of Gujarat by another major project.
Tata Sons Chairman N Chandrasekaran has responded to a letter from Union Minister Nitin Gadkari, which talks about investment opportunities for the group in his hometown of Nagpur. "Our team will certainly be in touch with members of the Vidarbha Economic Development Council (VEDC) as we evaluate new investment opportunities in the (Tata) group," Chandrasekaran wrote to Gadkari on October 19.
Gadkari wrote a letter to the Tata Sons chairman on October 7, which was made public on October 29, as Maharashtra lost another mega project to neighboring Gujarat.
Gadkari had said that Tata group companies may choose to invest in businesses such as steel, auto, consumer products, IT services and aviation, citing strengths such as infrastructure, land availability and connectivity in their home city.
"All Tata group companies like Tata Steel, Tata Motors, Tata Consumer Products, Voltas, Titan Industries and Big Basket can enjoy Nagpur's strengths like overnight connectivity, low land rates, manpower and warehousing with 350 districts across six states. The minister said in the letter.
Underlining that the group companies are already present in Nagpur in central India for over a century, Gadkari told Chandrasekaran that the Tata group's airline ventures Air India, Vistara and AirAsia India would make Nagpur their center of operations. And opting to park can cut costs. plane at night.
Air India already has a maintenance, repair and overhaul (MRO) facility at Mihan, Gadkari said, adding that considering the group's expansion plans in the region, more MROs may be considered.
Separately, the group may also consider larger warehouses for aviation parts for its own use and for other airliners, he said.
He said that the group may also enter into container manufacturing, adding that it is possible to supply from Tata Steel to the Nagpur region, which augurs well for the business.
Gadkari said the multi-modal international hub airport in Nagpur (MIHAN) SEZ and non-SEZ area has more than 3,000 acres of land, and added that already, many companies have set up base in the vicinity.
Chandrasekaran replied that he had seen information about various business opportunities in Nagpur for the Tata group in the letter and also mentioned the availability of both Special Economic Zone (SEZ) and non-SEZ land.
Gadkari wrote the letter after his meeting with VEDC and pitched it as a think-tank that would be eager to meet representatives of the Tata group.
On Sunday (October 30) PM Modi laid the foundation stone of a manufacturing facility for the production of C-295 medium transport aircraft for the Indian Air Force in Gujarat. The aircraft will be manufactured by a consortium of European aerospace major Airbus and the Tata Group.
The aircraft will be tested as an integrated system by the Tata consortium. The aircraft will be flight tested and delivered through a distribution center at the Tata Consortium facility.
The Tata-Airbus project has created tension between the Maharashtra government and the former Maha Vikas Aghadi (MVA) government as the project slipped from the state.
The opposition is attacking the state government after a consortium of European aviation firm Airbus and the Tata group selected Vadodara in Gujarat for a Rs 22,000-crore project to build military aircraft. Aditya claimed that this was the fourth major project for which states other than Maharashtra were selected. The Vedanta-Foxconn Semiconductor Project, Medical Device Park, Bulk Drugs Park and Tata-Airbus projects were planned in Maharashtra, but have now chosen other states.
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