UK'S Caparo Group is bullish about India. Chairman Lord Swraj Paul on Saturday indicated plans to step up Caparo's presence in the country by setting up more automobile component plants, including the one coming up at Singur near the Tata Nano facility.
"We are very bullish about India. Caparo has 22 plants in the country and 16 are under construction. Our manpower has risen from 600 to 4,000 including 1,400 qualified engineers," said Lord Paul, who is leading a four-member Commonwealth Parliamentary Association (CPA) delegation told newsmen here.
Replying to newsmen on further investments by the Caparo group in West Bengal, Lord Paul said: "Kolkata has a special attachment to our family and if the opportunity comes, Caparo will make further investments in the state."
Unfolding his group's business plans, Lord Paul said the Caparo Group was in the process of designing a city car for the European market. Incidentally, it has also built the fastest car Caparo T1, which was showcased at the recent Delhi Auto Expo earlier this year.
Lord Paul, who had a series of meetings with political leaders and the state chief minister Buddhadeb Bhattacharjee in the last few days, said people in Singur have lot of expectations and he had not come across anybody in West Bengal who is not in favour of industry.
About the role of opposition parties in Singur, Lord Paul said the government's job was to govern and the opposition's to oppose. "We are used to seeing such opposition in Britain. It happens in any democracy," he said.
He, however, warned: "It is dangerous to mix business with politics. It is not in the interest of the common man. We should regulate industry and not politicise it."
"We are very bullish about India. Caparo has 22 plants in the country and 16 are under construction. Our manpower has risen from 600 to 4,000 including 1,400 qualified engineers," said Lord Paul, who is leading a four-member Commonwealth Parliamentary Association (CPA) delegation told newsmen here.
Replying to newsmen on further investments by the Caparo group in West Bengal, Lord Paul said: "Kolkata has a special attachment to our family and if the opportunity comes, Caparo will make further investments in the state."
Unfolding his group's business plans, Lord Paul said the Caparo Group was in the process of designing a city car for the European market. Incidentally, it has also built the fastest car Caparo T1, which was showcased at the recent Delhi Auto Expo earlier this year.
Lord Paul, who had a series of meetings with political leaders and the state chief minister Buddhadeb Bhattacharjee in the last few days, said people in Singur have lot of expectations and he had not come across anybody in West Bengal who is not in favour of industry.
About the role of opposition parties in Singur, Lord Paul said the government's job was to govern and the opposition's to oppose. "We are used to seeing such opposition in Britain. It happens in any democracy," he said.
He, however, warned: "It is dangerous to mix business with politics. It is not in the interest of the common man. We should regulate industry and not politicise it."
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