Tata Motors to Invest ₹914 Crore in Tamil Nadu for New Vehicle Plant
Tata Motors will invest ₹914 crore in a new manufacturing plant in Tamil Nadu to produce high-end cars and SUVs. The facility, located in Panapakkam, Ranipet District, will focus on next-generation vehicles, including electric and luxury models. The company aims to increase production to over 2.5 lakh units per year, with the project moving forward in phases and creating 1,500 new jobs.
By Avi G
December 23, 2024