ITC discontent over land acquisition in Bengal
July 25th, 2009 - 12:33 am ICT by IANSKolkata, July 24 (IANS) Fast moving consumer goods major ITC Ltd., which has been scouting for land in West Bengal for quite some time has expressed its discontent over not getting land so far.
“It is really frustrating. We want to do something in the state, but we are not getting land. We have also deposited money for it,” ITC chairman Y.C. Deveshwar said at a press conference Friday.
The company paid the money to West Bengal Industrial Infrastructure Development Corporation (WBIIDC). Deveshwar, however, refused to divulge the amount of money paid to WBIIDC.
The company acquired 40 acres outside the city for its food business but the deal landed in court.
Incidentally, the state in the recent past has received major industrial jolts due to land acquisition problems - in Singur and Nandigram - where the small car project by auto major Tata Motors and chemical hub project got stalled, inviting wide criticism.
- Consider Bengal your 'dreamland', Mamata woos industrialists (Lead) - Jan 10, 2012
- ITC set to get land for food factory in Bengal - Jul 23, 2010
- WBIDC to hand over land to ITC for production base - Sep 14, 2010
- FMCG business to be profitable in six years: ITC - Jul 29, 2011
- Bengal woos industry amid mismanagement taint (West Bengal Newsletter) - Jan 15, 2012
- Five years on, Nandigram feels forgotten and betrayed - Jan 03, 2012
- Singur despairs at promises undone (One year of Mamata Banerjee) - May 13, 2012
- ITC shuts down two WIMCO plants - Jul 29, 2011
- ITC may shut Wimco unit in Chennai - Jul 23, 2010
- Trinamool misled rural Bengal: Buddhadeb Bhattacharjee - Apr 30, 2011
- ITC plans greenfield paper plant, major hotel expansion - Jul 24, 2009
- West Bengal government gears up for auto components park - Mar 13, 2009
- Maruti plans Rs.80 crore logistic hub in Bengal - Jan 13, 2012
- Government now careful while acquiring land: Buddhadeb - Jan 04, 2011
- Reforms coming too slowly in Bengal: Investors (One year of Mamata Banerjee) - May 14, 2012
Tags: acquisition problems, amount of money, car project, discontent, food business, hub project, industrial infrastructure, infrastructure development, itc ltd, jolts, kolkata, land acquisition, moving consumer goods, nandigram, quite some time, singur, small car, tata motors, west bengal