Yesterday Ratan Tata criticised the Manmohan government regarding the current business environment in India in an interview with a top British newspaper.

Today, there is an statement coming out from his company, Tata Sons that in his interview with Financial Times, Tata “spoke about coherence in implementation of government policy rather than ‘lashes into the PM’, ‘rapping India’, ‘warning government of inaction’ or ‘venal business environment’, as has been publicised in various media outlets.

“These are terms used by the publications and not by Mr Tata in any manner… Tata Sons is surprised that reputed media entities have sensationalised the observations, without taking into cognisance the tone, tenor and context of the interview,” said an statement.

Other portion of statement include: “Tata has always supported the PM, Dr Manmohan Singh, even when there was mass criticism of him and the last thing he would wish to do is to be a critic of the PM, as has been reported.”

On an expected note, BJP is trying to latched on to his alleged remarks and used them as a stick to put a pressure on the government.

“What Tata has said is true in many ways. Investors need guarantee of policy continuation, secure environment and secure governance… Unfortunately the UPA government couldn’t stand by any of it. It has overlooked these things and now Indian investors are investing abroad,” pointed out BJP spokesperson Prakash Javadekar.

The Congress, on the other hand, is highlighting the various initiatives it had taken to improve the investment scene.

Union minister of state for home RPN Singh said in media: “Except for this year, the economy has been continuously growing and I am sure India will continue to be an investor friendly nation.”