China’s FAW is reportedly interested in the possibility of setting up a manufacturing unit in West Bengal.
The Economic Times reported that an FAW delegation met with chief minister Buddhadeb Bhattacharjee this week.
Late last year senior FAW officials had visited the Tata Motors’ abandoned project site at Singur to explore the possibility of setting up an automobile unit there, the ET said.
FAW may also hold talks with the Tata Motors to take the abandoned Nano site in future.
A senior official of the chief minister’s secretariat told reporters after the meeting: “FAW is yet to submit a formal proposal to the state government, but it is interested in setting up an automobile unit in West Bengal. The company officials have already visited Singur and liked the site. They have informed us that around 600 acres would be needed for setting up the unit. They can also hold talks with Tata Motors to take the abandoned facility of the latter at Singur.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataState commerce and industries secretary Sabyasachi Sen said that FAW is now conducting a study on the Indian market and that a decision will follow.
FAW has already signed an agreement with the Ural India for setting up an automobile unit to manufacture small cars, trucks and buses in West Bengal.
In the first phase the company is keen to manufacture trucks and buses with a small car to follow later.
The buses and trucks will be manufactured at Ural India’s existing facility at Haldia.