Leading NRI industrialist Lord Swraj Paul has assured West Bengal Chief Minister Mamata Banerjee that his company is committed to make the state its first choice for manufacturing a new small car.
The London-based Caparo Group chairman told Banerjee during an informal meeting over tea at his London residence on Wednesday that a new variant of Caparo T1 is likely to set up base in her state.
“I would love to do more in Bengal. We are in the process of designing a car that is smaller and cheaper than Caparo T1 and we are in discussions with some of the best engine manufacturers. Once that design is complete and perfected, Bengal will be the first place I will look at for production.
This is my commitment,” he said. “And this is not only my commitment but also my son Angad [Caparo Group CEO] is committed to it because he loves fast cars,” he added.
Caparo T1, described as the fastest car on the road, was created in composites by British automotive giant Mclaren’s team and its newer compact version is currently being made market—ready, with West Bengal as a potential manufacturing base.
“We are grateful. Please also request your other industrialist friends to invest in Bengal,” Banerjee said.PTI
