Swraj Paul's Caparo Group moves court against state

Demands price of land for their ancillary unit at Singur
Report by: 
Sabyasachi Bandopadhyay
1 Jun 2017

Barely one month and half after he met chief minister Mamata Banerjee at Nabanna and reportedly made promises of making huge investment in the state, NRI businessman Swraj Paul's company Caparo Group, which was allotted 21 acres of land at Singur by then Left Front government to set up a sheet metal unit there to supply parts for the Nano factory, has filed a case in Calcutta High Court last week against the state government demanding the price they had paid for the land.

It was on April 17 last that Paul met Mamata at Nabanna and made promises of investment in West Bengal. Paul was learnt to have expressed interests in setting a sports car manufacturing unit in the state. Earlier on July 29, 2015 Paul met chief minister Mamata Banerjee, who was on a visit to London, and promised his company would make big investments in West Bengal. Caparo is one of the 56 ancillary units that was allotted land at Singur by then Left Front Government to make automotive parts for the Nano factory of Tata Motors that was supposed to come up there.
``It is embarrassing for the state government that Caparo has moved court demanding price of the land that they paid with interest accumulated on that. This is now being examined at top level,'' a government source told The Echo of India.