BUSINESS
Prime Minister Narendra Modi and late industrialist Ratan Tata inaugurated the production unit of Tata Nano, the 'people's car' in Sanand in 2010.
Prime Minister Narendra Modi has expressed his deep condolences on the demise of renowned industrialist Ratan Tata. The Chairman Emeritus of Tata Sons passed away at the Breach Candy Hospital on October 9, 2024, following a prolonged illness. In his post, Modi recounted his interactions with the visionary leader who transformed India’s industrial sector into a global powerhouse and changed its philanthropic landscape.
Modi and Tata’s association goes back to the time when the Modi-led Gujarat government facilitated the establishment of the Nano plant. Ratan spearheaded the creation of the world’s cheapest car Tata Nano and planned to set up a production unit in Singur, West Bengal. However, intense protests led by Trinamool Congress chief Mamata Banerjee disrupted the establishment in 2006. It was then Chief Minister of Gujarat, Modi, who welcomed Tata to set up the plant in the state.
The relocation of the Tata Nano project to Gujarat marked a significant milestone for the state as well as the Ratan’s Tata Group. Modi’s simple SMS, 'welcome' to Ratan paved the way for the first Tata Nano production unit with an investment of Rs 2,000 crore in Sanand in 2010. At the inauguration, Modi said, “When Ratan Tata said in a press conference in Kolkata that they are leaving West Bengal, I sent him a short SMS saying 'welcome'. And now you can see what a Re 1 (worth) SMS can do.”
Tata had also extended his gratitude towards the Modi-led Gujarat government saying, “Gujarat stood out against all others in guaranteeing us all that we needed. 'It was not just Tata's project, it is our project,' Modi told us. We owe a great lot of gratitude for the support and confidence placed in us." In 2020, Tata discontinued the production of Tata Nano, the ‘people’s car, due to low sales.
Meanwhile, Modi took to X(formerly known as Twitter), to express grief on Ratan’s demise. “My mind is filled with countless interactions with Shri Ratan Tata Ji. I would meet him frequently in Gujarat when I was the CM. We would exchange views on diverse issues. I found his perspectives very enriching. These interactions continued when I came to Delhi. Extremely pained by his passing away. My thoughts are with his family, friends and admirers in this sad hour. Om Shanti,” he wrote. Besides him, industrialists Mukesh Ambani, Gautam Adani, Anand Mahinda, Harsh Goenka, and Niranjan Hiranandani among others also condoled his death.
US takes immigration issue 'incredibly seriously': State Dept amid visa delays
Guru Nanak Jayanti 2024: Are banks closed or open today? Check state-wise list here
Beaver moon 2024 today: All you need to know about 2024's last supermoon
Anil Ambani's Reliance Infra posts Rs 4082 crore profit in 3 months, market cap climbs to Rs...
Meet Prerna Singh, daughter of autorickshaw driver, who cracked NEET-UG, her score was...
Meet woman, who cracked UPSC exam while doing full time job, secured AIR 3, now she is...
Viral video: Little girl wins heart with adorable dance to Janhvi Kapoor’s 'chuttamalle' song, watch
IND vs SA, 4th T20I Dream11 prediction: Fantasy cricket tips for India vs South Africa match
IND vs SA, 4th T20I: Predicted playing XIs, live streaming details, weather and pitch report
Delhi: All primary schools closed, classes shifted to online mode due to rising pollution levels
BIG trouble for Anil Ambani, criminal charges against his Rs 14422 crore company over...
Bhool Bhulaiyaa 3 producer calls Singham Again team 'unfair' after the box office win
From Play to Pay, Gaming Is Big Business And A Genuine Professional Prospect
Leasehold vs Freehold: Exploring Options for Expats and Investors in Dubai
Mukesh Ambani's Reliance, Disney complete Rs 70352 crore media merger, to be headed by...
Badshah lands in legal trouble, case registered against rapper for...
GRAP III imposed in Delhi: What is allowed, what is banned amid 'severe' air quality
'Throwing me in deep end': Ricky Ponting takes fresh dig at Gautam Gambhir over Virat Kohli remarks
Revolutionizing Inventory Management in the Cloud Era: Pradeep Kumar’s Strategic Innovations
Delhi: AAP's Mahesh Khichi elected mayor as party defeats BJP in MCD polls
Delhi Air Pollution: GRAP 3 to be imposed in national capital from Nov 15, strict ban on...
WATCH: Inside Rinku Singh's Rs 3.5 crore luxurious house with rooftop bar, private pool
Renowned Yoga Guru Sharath Jois passes away at 53 after suffering heart attack
NASA alert! Giant 'God Of Chaos' asteroid set for close approach to Earth, may trigger astroquakes
UPPSC protest BIG update: RO-ARO exam postponed, PCS prelims to be held in one day
This man earned more money than Mukesh Ambani and world's richest man Elon Musk in one day, he is...
'World's best....': Japan vlogger's reaction to Bengaluru airport goes viral
Sania Mirza named Sports Ambassador of THIS city, not Delhi, Hyderabad, Jaipur
Shloka Mehta turns heads in sleek white gown at Tira store launch, see pics
Amid Abhishek Bachchan and Aishwarya Rai divorce rumours, Jaya Bachchan surprises everyone with...
IND vs SA: Arshdeep Singh goes past Bhuvneshwar Kumar to become Indian pacer with most....
Mukesh Ambani, Isha Ambani’s luxury retail chain opens new store at...
PM Modi to receive Dominica’s highest national award for...
Shraddha Kapoor says people with big foreheads are…
'Busy making...': Kanhaiya Kumar sparks row with remarks on Devendra Fadnavis' wife; BJP hits back
'Full baarati vibes': Vietnamese man's epic 'nagin dance' steals show at Mumbai event
Tilak Varma credits THIS player for his century against South Africa, says 'He gave me...'
UPSC IFS Mains Admit Card 2024 to be released today at upsc.gov.in, check direct link to download
'Be prepared for...': Rupali Ganguly's stepdaughter Esha Verma REACTS to Rs 50 crore defamation case
Saudi, Iran: Cautious dance toward détente?
Anushka Sharma shares glimpse of Children’s Day special dish for daughter Vamika, son Akaay
Jaw-dropping! Man wraps massive green anaconda around his shoulders, internet says...
Donald Trump plans to end Russia-Ukraine war with THIS move, is expected to 'soon' appoint...
As pollution worsens in Delhi with AQI at 'severe' level, experts at COP29 urge India to...
SDM Assault Case: 60 people arrested in Rajasthan's Tonk
Veg thali cost more than non-veg thali in October, here's why
Land drug trafficking patterns in North-Eastern Region
Shillong Teer Result November 14, 2024: Know updates on lucky winning numbers
Mukesh Ambani's SUPERHIT offer for Jio users: Get unlimited validity for 84 days at just Rs...
Delhi air quality dips to 'severe' category as AQI nears dangerous...