Swraj Paul gears up for Nano project, praises Bengal

This was announced on Monday by Swraj Paul— founder and chairman of Euro 2 billion Caparo Group — who led a delegation of British parliamentarians to Kolkata. “Ten per cent of the auto components of Nano will be manufactured at Caparo,” the India-born British tycoon said, after a meeting with officials of the department of commerce and industries led by the minister Nirupam Sen. “We will be ready by the time Tata Motors’ project is ready. Because, we can not let them down,” Paul said.

Presentations were made before the delegation about the industrial resurgence of the state. Paul showered praises on West Bengal that the state has the third largest economy amongst the Indian states.

“ We can safely go and tell our colleagues who are interested in the state that Bengal is marching ahead,” said Paul. “West Bengal is on the verge of transformation from agrarian to industrial economy and we need foreign investments in the state,” Sen said.