India's Tata Motors signs deal for Nano in Gujarat
MUMBAI, Oct 7 (Reuters) - Tata Motors Ltd (TAMO.BO: Quote, Profile, Research) on Tuesday signed an agreement with Gujarat state to make the ultra low-cost Nano car there, television images showed, days after India's top vehicle maker pulled out of West Bengal state.
Chairman Ratan Tata and other company officials signed and exchanged documents with Gujarat Chief Minister Narendra Modi, live images on television showed.
Tata Motors, which had planned to launch the Nano car from around October, had received offers from several other states after announcing its pullout last week from West Bengal, where farmers unhappy with the compensation for their land had forced work to be suspended for more than a month at the factory. ($1=47.9 rupees) (Reporting by Rina Chandran; Editing by John Mair)
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