Barrackpore, Aug 01 (UNI) Xenitis Group Chairman-cum-Managing Director Santanu Ghosh today claimed that his company would roll out small cars at a cost of below Rs one lakh well before the Tatas.
Speaking during the inauguration of the Global Automobile, a two-wheeler showroom here, he said the company would come out with the small cars earlier than the Tatas' Singur project.
Mr Ghosh said his company had tied up with a Honda Engine manufacturing Chinese company for the two-wheeler and would diversify its production.
The motor bike unit with a state-of-the-art technology started its production from May this year and fixed a target of 4.5 lakh bikes in a year.
Inaugurating the showroom, CPI(M) MP from Barrackpore Tarit Baran Topdar said militancy in the working class movement was no doubt a major setback to the industrial state of affairs in West Bengal.
He also held the Centre responsible for its "insincerity" to the industrial development of the state.
UNI
Speaking during the inauguration of the Global Automobile, a two-wheeler showroom here, he said the company would come out with the small cars earlier than the Tatas' Singur project.
Mr Ghosh said his company had tied up with a Honda Engine manufacturing Chinese company for the two-wheeler and would diversify its production.
The motor bike unit with a state-of-the-art technology started its production from May this year and fixed a target of 4.5 lakh bikes in a year.
Inaugurating the showroom, CPI(M) MP from Barrackpore Tarit Baran Topdar said militancy in the working class movement was no doubt a major setback to the industrial state of affairs in West Bengal.
He also held the Centre responsible for its "insincerity" to the industrial development of the state.
UNI
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