Narendra Modi brings Rs. 2000 Crore from Rs. 1

Re 1 is all that Gujarat Chief Minister Narendra Modi invested and in return he earned a mind-boggling Rs 2,000 crore investment for his state, a political coup against the Left parties and Tatas' gratitude. Reciprocating the sentiment, Tata Group supremo Ratan Tata said: "We belong to Gujarat. We had gone out and now we have come back here." Summing up Nano's journey from West Bengal in the east to Gujarat on the west coast, Modi said: "When Ratan Tata said in a press conference in Kolkata that they are leaving West Bengal, I sent him a short SMS saying welcome to Gujarat. "And now you can see what a Re 1 (worth) SMS can do."
However, what remains unsaid at this juncture was a host of concessions, financial incentives, huge piece of land and above all, an insurance against any political resistance. No wonder, the state of the art production facility was erected from scratch in less than two years, against months long agony Tatas faced in Singur, West Bengal, ruled by Left parties. Tata Motors was forced to quit Singur where it planned to set up the mother plant for its people's car Nano, following fierce opposition to land acquisition from locals led by Trinamool Congress leader Mamata Banerjee.

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