September 07, 2008

TATA Steel for direct talks with land owners for Titanium project

It is reported that TATA Group has formed local teams for direct negotiations with landowners at the site of its proposed INR 2,500 crore titanium dioxide plant in Tuticorin in Tamil Nadu.

This decision has been taken so that landowners get a fair price for their land. Only waste and dry land will be acquired for setting up the TATA plant in Tamil Nadu.

State government's policy on the TATA plant is that it will not be a party to procure land or negotiate with landowners.