Forget making a London out of Kolkata, as chief minister Mamata Banerjee had promised, the city falls far short of Ratan Tata's expectations. In a biting coincidence, the Oberoi Group announced on the same day that it also doesn't have plans for Kolkata or Bengal at the moment. Tata's remarks will cut deep in a state grieving over the dismal industrial scene. Battling a series of recent setbacks, including the lynching of a jute mill CEO and INTTUC trouble at several industrial units, the ruling Trinamool Congress chose not comment on Tata's observations.
Asked if he saw any change in Kolkata in the last two years, Tata spoke freely at an interactive session organized by the Ladies' Study Group on Wednesday. "When I was coming from the airport I could see a lot of development coming up. I saw a lot of residential and commercial buildings but I couldn't see an industry. All this looks like countryside development," said Tata, adding that he would like everyone to "look at what Narendra Modi has done for Gujarat". He is quite positive about Modi's taking over as Prime Minister and hopes that India will be back on the growth trajectory.
The former chairman of Tata Sons recalled two tough situations in his career — one positive and the other negative. While he could overcome the labour trouble in Pune factory, Singur turned out to be miscarriage, he said. "We had to shift a completed factory out of Singur due to hostility to a different location. There was a great risk involved in doing so. We had 3 lakh orders for the Nano car. Customers had made full payment. We lost one vital year in delivery because of which much of the enthusiasm about Nano was dampened," he said.
Ratan Tata (center) at the interactive session organized by the Ladies' Study Group in Kolkata.
Tata doesn't have second thoughts on Singur when he looks back at his decision. "If you put a gun to my head, you pull the trigger or take the gun away. I won't move my head," he said, echoing word-for-word what he had said while leaving Singur in October 2008. The industrialist is indebted to Narendra Modi for offering him land at Sanand in Gujarat. "I owe a great deal to Mr Narendra Modi who gave Nano its new home. A state government should be supportive of industrial groups and should not be biased against anyone. It should act as a facilitator," Tata said.
He pointed out that while he had a bitter experience in Singur, he could overcome a similar situation in Pune. "The Pune factory was facing a lot of labour trouble. One union leader, Rajan Naiar, used to beat our men and even stabbed a few of our engineers to demoralize them. I stood firm and stayed put in the factory for three nights. Finally, the leader was arrested. Old workers in Pune factory still recall the incident," Tata said.
If it's any consolation, Ratan Tata does have a soft corner for the Taj Group hotel in Kolkata. In fact, Taj Bengal is his most preferred hotel, he said.
Tata is indebted to Prime Minister Narendra Modi for offering him land at Sanand in Gujarat.
Earlier in the day, Oberoi-promoted EIH Ltd vice-chairman S S Mukherjee held that the business environment in Kolkata is not conducive for setting up a second hotel in the city. The company also has no plans for its property in North Bengal — Mount Everest Hotel that's lying closed for years.
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