It seems like nothing in the world is capable of stopping the Tata Motors from its objectives and ambitions and if you have such an opinion this piece of information that you will be reading on, will give you a reason to rejoice thinking you are in the right lane of thoughts.

Tata Motors, one among the major automakers of India has been successful in attaining a loan of amount £10-million from the British Government.And the most amusing part is that it is the first time the British government is lending a loan under the British government’s £2.3-billion automotive assistance programme.

Now, the loan is for the company’s new electric car project in UK. Thinking about all possible reasons, which would have made the British government feel comfortable, and secured too, to lend Tata Motors a loan, the first few things came into mind is its plans to launch Nano in the European and American car market and its buy out of Land Rover and Jaguar.

These initiatives have surely called for global attention and now have helped the company to create such an achievement.

The company will manufacture electric cars in the UK and apart from the £10-million loan from the UK government, the company is also investing an amount of £25 million. It is said that the company is thinking about setting up a factory in the UK.

It seems Tata has foreseen this helping hand and it has developed a four-seater electric car in partnership with Norwegian group 20Miljo Grenland/Innovation and with is huge financial from the British government, the company will start the production of this car later this year in Norway.

This will surely be a give and take process as both the parties, Tata and the British car industry, will gain from it. With the help of the British government itself, Tata will soon fully overpower the fast growing green car industry.