Even after tendering his resignation for his alleged involvement in a sex-scandal, troubles for former Andhra Pradesh Governor N D Tiwari may not be over.
For this purpose, the government has identified two sites -- Escort Farms in the industrial town of Kashipur and Pant Nagar agriculture university. In both the places, vast land is available for a possible IIM, which requires 200 acres.
In Uttarakhand, the speculation is rife that Bajaj-Renault is trying to explore the possibility of the small car establishment at various places including the industrial hub of Pantnagar.
"For boosting the morale of our workers, these posts are justified," said a top state BJP leader.
Tata Motors will distribute all Nano cars from Pantnagar through its new subsidiary, Tata Motors Distribution
The Uttarakhand government has asked Larsen & Toubro to stop work on its 99-Mw Singoli-Bhatwari hydel project in the hilly Rudraprayag district of the state.
Rakesh Oberoi, a Tata Motors dealer, said he was getting hundreds of enquiries related to Nano everyday. Tata Motors was given over 950 acres of prime land by the state government at Pantnagar for setting up its manufacturing facility.
After a turnaround two years ago driven by heavy tax breaks currently available in Uttarakhand, this auto bulb industrial unit is now enjoying the benefits of slowdown in auto sector as it is mainly producing replacement bulbs only. "Sales in the auto sector have taken a nosedive during the past one year. So it is natural that our bulbs will be used in old vehicles," said Rajiv K Agarwal, managing director of GBPL, which situated at Patel Nagar, Dehra Dun.
"Tata Motors has given us a commitment that it will set up a permanent satellite facility at Pantnagar for producing Nanos," said Chief Secretary Indu Kumar Pande. From the Pantnagar industrial unit, from where the company would launch its first car, Tata Motors is planning to produce a total of 50,000 units per year. Besides, it has agreed to distribute all its Nano cars from Pantnagar through its new subsidiary, Tata Motors Distribution Co Ltd.
Uttarakhand government has written to Tata Motors, asking the auto major to sell a majority of the Nano cars through its new subsidiary, Tata Motors Distribution Co Limited, which was recently floated at Pantnagar. Through the sale of the Nano cars and other commercial vehicles which are being manufactured at Pantnagar, the state government is hoping to earn additional tax collections of Rs 100 crore to Rs 200 crore through a 12 percent VAT.
The Uttarakhand government has decided to set up an international eco-tourism hub around the 42 sq km area of the 2,400-Mw Tehri dam reservoir.
The Nano's mileage is being projected between 17 to 20 km per litre. Last month, Tata Motors had conducted various test runs of Nano on the hilly, serpentine roads of Uttarakhand. Government officials in Dehra Dun claimed the company has given a commitment to Uttarakhand Chief Minister B C Khanduri that it would roll out the first Nano from the state itself.
Emulating the concept of Amul, Uttarakhand is all set to bring in a 'white revolution' through a new 10-point programme prepared by Agriculture Minister Trivendra Singh Rawat, the concept paper of which has already been submitted to Chief Minister B C Khanduri for its implementation.
Although, global slowdown is the main reason behind the move, officials said the land, which was meant for the IT-BT Park, has now been allotted to other industries for expansion purposes leaving no place for the project.
People in the hilly town of Gopeshwar in Chamoli district were recently surprised to see the Nano, Tata Motors' controversial Rs 100,000 car, parked on a roadside.
Tata Motors' plans to roll out the first of its Rs 1-lakh (Rs 100,000) small car, the Nano, from Uttarakhand, were boosted today after a high-powered state government committee under Chief Minister B C Khanduri allotted it nearly 45 acres of land to expand the Pantnagar unit.
Official sources said that top company officials recently met Uttarakhand Chief Minister BC Khanduri and demanded 35 acres of additional land for expanding the facility. Earlier, the company had sought 55 acres of land at Pantnagar for housing purpose. The government is yet to take a decision in this regard.
Seoul-based Green Power Company is planning to invest $200 million in Uttarakhand for setting up a plant that will make alternative petrol from the by-products collected from oil refineries.
"We are not going to tax ONGC's subsidy part," a top income tax department official said in Dehra Dun on November 17. The move follows ONGC's appeal to the department that it should not be taxed on the subsidy. ONGC, which pays its tax in Dehra Dun where its headquarters are located, said in its plea that subsidy discounts reflect heavily on the company's revenue, reducing the corporate tax paid.
With hundreds of new industries setting shop at Pantnagar, just a stone's throw away, the economic impact is quite discernible in Rudrapur, the district headquarters of Uttarakhand's Udham Singh Nagar district. And now that Tata Motors is said to be gearing up to launch the first Nano from Pantnagar, there is fresh excitement in the area. The business community here is ready to give a red carpet welcome to Nano.
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