Profit

Nano's ancillary units stand to lose Rs 500 cr

PUBLISHED ON: September 3, 2008 | Duration: 1 min, 48 sec

   
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Ancillary industries scheduled to come up adjacent to the Tata Motors' Nano plant in Singur stand to lose around Rs 500 crore that they have invested for the project, a source close to the development said. "There are 56 ancillary units. The approximate investment in all those units will be around Rs 5 billion," the source said.
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