In reply to a query, he ruled out the possibility of returning the land to the farmers. Some other industry would be set up at Singur as the 997 acres had been acquired for industrial purposes, he indicated.
Industry talk
It is indeed regretful that the Tatas have had to pull out of Singur.
The CII feels that the Tatas have been very patient. The political consensus should have happened and such an iconic project should have come up in the state of West Bengal
Chandrajeet Banerjee
Director General, CII
It is bad news for Bengal. It will discourage investment in the state and to create an atmosphere of investment will take some time
P K Agarwal
President, Bharat Chamber of Commerce
New investors will defer their plans of investing in our state for the time being and this is a bad Puja gift
Sanjay Budhia,
President, Indian Chamber of Commerce
The Tata project could have brought about a major change in the industrial scenario of Bengal
A statement released by FICCI