Finally ! Tata Motors- India's biggest truckmaker, abandoned its newly built factory for the world's cheapest car "TATA NANO", because of month long violent protests.
This is not great sign for Indian manufacturing industry. What is more interesting that Sri Lanka, India's neighbor, has offered land to Tata Motors to set up the Nano factory. "Red-Tape" and bureaucracy have been a long problem for businessmen in India.
Catch more on : http://www.ndtv.com/convergence/ndtv/story.aspx?id=NEWEN20080066478&ch=633579777634531250
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