Tata deal shows ‘India has arrived’: Sunil Mittal

March 26th, 2008 - 9:48 pm ICT by admin  

A file-photo of Gordon Brown
By Dipankar De Sarkar
London, March 26 (IANS) Tata Motors’ acquisition of the prestigious Jaguar and Land Rover car brands shows that “India has arrived” on the world scene - something American politicians now need to wake up to, Indian industrialist Sunil Bharti Mittal said Wednesday. He spoke after meeting British Prime Minister Gordon Brown. He was leading a delegation of the Confederation of Indian Industry (CII).

“India has arrived and is being accepted by all. The welcome we are seeing in the United Kingdom is just fantastic. We are very, very proud of the house of Tatas,” Mittal, president of the CII, told IANS.

“Globalisation is a two-say street. Now, it is time for American politicians to realise that globalisation benefits everybody, as the UK has understood,” said Mittal, who is CEO of Bharti Enterprises.

Mittal said he was “delighted” with the news about the deal between Tata Motors and sellers Ford.

“Jaguar and Land Rover are iconic brands known to the entire world. For Tata to pick them up is fantastic,” he added.

Mittal also said he had a “very good meeting” with Prime Minister Brown as a follow-up to the British leader’s visit to India in January.

Brown and the 15-member delegation discussed key issues in areas of skills building, climate change and global trade talks.

“Gordon Brown wants India to fully participate in the Doha Round of Talks at the World Trade Organization. He wants us to move ahead on the NAMA discussions (on manufacturing tariffs),” Mittal said.

“He said the world will move on agriculture, so that’s a message we will be carrying to (Commerce Minister) Kamal Nath.”

The meeting was the third between CII members and the British prime minister in the last 18 months.

Britain is India’s fourth largest trading partner globally and the second largest in Europe, after Germany.

The delegation included CII chief mentor Tarun Das, Hindustan Motors chairman C.K. Birla, and Dabur India chairman Anand Burman.

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