The upcoming 1 lakh car project of the Tatas is a great lure for the market of steel strip in Eastern India, specially Kolkata.
A lot of ancialliaries would come up locally, since the car manufacturer would have to keep in mind procurement of parts at the cheapest possible rates. Thus setting up new anciallaries locally would help in reducing costs as regards transportation and keeping lower stock levels.
Furthur this prestigious project of Tata, may attract a number of other similar investments in this region. Looking to the future scenario, I expect that the eastern region will observe huge investments coming in from auto components manufacturers. So far as my study is concerned, I have also learnt that The Tatas will keep a special zone for auto ancilliaries in the said project.