Home / Business and Economy / Tata Motors Opens Rs 9,000 Cr EV Plant in Tamil Nadu
Tata Motors Opens Rs 9,000 Cr EV Plant in Tamil Nadu
9 Feb
Summary
- New Tata Motors facility in Tamil Nadu represents a Rs 9,000 crore investment.
- The plant is capable of producing 3 lakh vehicles annually.
- It marks the beginning of high-end vehicle manufacturing in the region.
Inaugurated by Tamil Nadu Chief Minister MK Stalin, a new Tata Motors passenger vehicle and Jaguar Land Rover (JLR) manufacturing facility has commenced operations at SIPCOT, Panapakkam, Ranipet. This significant greenfield project represents a substantial investment of Rs 9,000 crore (USD 994 million).
The facility has achieved a key milestone by rolling out its very first Land Rover car. It boasts an impressive annual production capacity of 3 lakh vehicles. This development marks a pivotal moment, ushering in an era of high-end vehicle manufacturing within Tamil Nadu.
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