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Tata could move plants to India
Ratan Tata, the retiring head of the Tata conglomerate, said his firm could move some of its car production to India or China. He told a conference that Tata Motors, which makes Range Rovers and Jaguars in the UK, could at some stage shift its manufacturing to capitalise on a growth spurt in emerging markets. He also conceded the Nano, lauded as the world’s cheapest car when launched in 2008, had delivered disappointing sales.