Media report says unfavourable excise structure, large investments are the main reasons
TataTata Motors, India's largest auto maker, today confirmed that it had decided to abort the multi-crore, government-backed car development project in Thailand without highlighting any specific reason.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/tatas-pull-out-thai-eco-car-project
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/air-pollution
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/air-pollution-control
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/vehicular-pollution
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/hybrid-electric
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/auto-industry
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/tata-motors