New Delhi, Aug 22 (UNI) The industry today expressed ''deep concern'' over the Tata Group Chief's statement on pulling the world's cheapest car Nano plant out of West Bengal, saying this step will ''completely ruin industrial progress of the state'' and suggested to solve the issue through ''immediate dialogue.'' The company has faced protests and political opposition over the acquisition of farmland for the plant.

ASSOCHAM President Sajjan Jindal has described it as the ''most unfortunate'' if Tata's are allowed to pull out of their project from West Bengal, which will completely ruin industrial progress of the state.'' In a statement, the ASSOCHAM Chief, said that it would be a clear case of vindictive politics which would be forcing Tata's to pull out of West Bengal and send extremely wrong signals to investors and take the state back to 70's era in which the West Bengal witnessed large exodus of its industrial units.

Mr Jindal said, ''Tata's pulling out of it would be a great set back to the economy of the state which, no doubt, has emerged for a boom.'' Confederation of Indian Industry (CII) said any adverse development will ''irreversibly hamper the future industrialisation in the West Bengal and could take the state back to an age of industrial vacuum.'' CII Director General Chandrajit Banerjee said the development of the state and the country cannot suffer due to any political differences.

CII Statement also said that an immediate solution through dialogue was the most urgent need of the day.

''Peace, Law and Order and stability are all pre-requisites for Industrial Investments which would take the State's economy ahead.

Therefore a proces of dialogue ensuring peace was an imperative,'' it said.

FICCI has appealed to the West Bengal Govt and theState Opposition leaders to sit across the table and ''earnestly work out a solution for smooth implementation of the project.'' UNI MP SBA BD2130