India's Tata pulls Nano out of West Bengal

Updated October 7, 2008 20:38:31

After a month of violent demonstrations against the Indian motoring giant Tata, the firm's pulling its widely-anticipated Nano construction plant out of West Bengal state. Tata had nearly finished building the plant near the state capital Kolkota, but now says it'll build the Nano, billed as the world's cheapest car, elsewhere. The Nano was dubbed "the people's car" when it was announced back in January, but some people - notably the farmers moved off their land to make way for Tata's plant - haven't been impressed. They have held up work on the plant for more than a month, raising some difficult questions for manufacturing investors.

Presenter: Sonja Heydeman
Speakers: Prem Behl, Chairman of Exhibitions India Group; Dilip Chenoy, Director General, Society of the Indian Automobile Manufacturers