NEW DELHI – India's Tata Motors Ltd. has selected communist-ruled West Bengal as the site for production of a minicar that will cost about Rs100,000 ($2,222) and hit the market sometime in 2008. Tata will get 1,000 acres (405 ha) at its selected site in the Hooghly district and facilities for exports to Southeast Asia. The plant will be set up with a Rs10 billion ($222 million) investment and provide employment for 10,000 people, the auto maker says. Despite offering incentive packages, ...
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