Tata Motors invests in new vehicle manufacturing facility in Tamil Nadu
London, September 30, 2024, (Oilandgaspress) –––Tata Motors Group, India’s leading producer of commercial and passenger vehicles, held the groundbreaking ceremony of its new, world-class production facility to manufacture cars and SUVs, at Panapakkam in Ranipet district, Tamil Nadu.
This manufacturing facility will produce next-gen vehicles for Tata Motors and JLR. The internationally benchmarked plant will cater to requirements of both Indian and international markets.
The groundbreaking ceremony was attended by the Chief Minister of Tamil Nadu, Thiru M.K. Stalin and Mr. N. Chandrasekaran, Chairman of Tata Sons & Tata Motors, in the presence of several eminent Ministers, public representatives, senior bureaucrats, government officials, and senior representatives of the Tata Group.
This advanced, state-of-the-art manufacturing facility has the potential to create over 5,000 employment opportunities (direct and indirect) and contribute towards building future ready skills amongst the local communities in and around the plant. In addition, the plant will be guided by principles of sustainability and use 100% renewable energy for running operations.
Tata Motors Group intends to invest ~INR 9,000 crores in this greenfield manufacturing facility, which has been designed for an annual production capacity of over 250,000 vehicles. Production will begin in a phased manner and progressively increase to reach this capacity over the next 5-7 years.
Information Source: Read Press Release
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