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Tata Motors holds groundbreaking ceremony for Tamil Nadu factory
Economic Times
·
10m ago
Medial
Tata Motors held a groundbreaking ceremony for a new facility in Tamil Nadu, which will produce cars and SUVs and is expected to create 5,000 jobs. The factory will manufacture vehicles for Tata Motors and Jaguar Land Rover, catering to both domestic and international markets. The Tata Group has invested in multiple production units in Tamil Nadu over the past three years and has more than 150,000 direct employees in the state. The facility is designed to have an annual production capacity of over 250,000 vehicles and will gradually reach this capacity over the next few years.
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Related News
Tamil Nadu goes to town on manufacturing. Target: hinterland
Economic Times
·
9m ago
Medial
Panapakkam, a small town in Tamil Nadu, known for power loom weaving, is set to become a major automobile manufacturing hub with Tata Motors' construction of a Rs 9,000 crore factory. This development is expected to create over 5,000 jobs and promote skill-building in the local community. It is part of a larger trend of investments being directed towards lesser-known districts in Tamil Nadu, aiming to spread economic growth and decongest metro cities like Chennai. Other notable investments include VinFast's EV production facility in Thoothukudi, Jabil's electronics manufacturing plant in Trichy, and Tata Power Solar's investment in Tirunelveli's renewable energy sector.
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Tata Motors signs pact with TN government to invest ₹9,000 crore in a manufacturing project
Thehindubusinessline
·
1y ago
Medial
India's Tata Motors has announced plans to invest INR90bn ($1.2bn) in a new vehicle manufacturing plant in Tamil Nadu. The development will be the company's second facility in the southern state. The factory will initially employ around 5,000 people and could produce more than 200,000 vehicles annually. There are reports the plant will focus on electric vehicle (EV) production. The new factory will not impact Tata's existing operations in Pune (Maharashtra) Lucknow (Uttar Pradesh), Jamshedpur (Jharkhand), Pantnagar (Uttaranchal) or Dharwad (Karnataka).
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Tata Motors signs MoU with Green Energy Mobility to supply e-buses to Tamil Nadu
Economic Times
·
7d ago
Medial
Tata Motors has signed a Memorandum of Understanding with Green Energy Mobility, a subsidiary of Universal Bus Services, to provide 100 electric intercity buses in Tamil Nadu. The 44-seater e-buses, offering up to 300 km on a single charge, feature electronic braking and stability control systems. This initiative, supported by Tamil Nadu's government, aims to promote sustainable and efficient mobility, reflecting Tata Motors' commitment to innovation in intercity transportation.
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Tata’s INR 6K Cr iPhone Unit To Kick Off Operations In November
Inc42
·
11m ago
Medial
Tata Electronics is investing INR 6,000 Cr in building a new iPhone factory in Hosur, Tamil Nadu. The factory is set to begin operations in November and will be the company's second iPhone assembly plant in India, with plans to launch iPhones from this facility. This comes after Tata acquired Wistron's assembly plant in Karnataka last year.
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Tata Motors plans to invest ₹9,000 crore in manufacturing in Tamil Nadu
Thehindubusinessline
·
1y ago
Medial
Tata Motors is making a significant manufacturing investment in Tamil Nadu, with plans to invest ₹9,000 crore in building a modern vehicle manufacturing facility. The project aims to create over 5,000 jobs in the Ranipet district. The company signed an agreement with the government for the investment. Tamil Nadu has become a prominent investment hub, attracting top-tier employment opportunities and showcasing its industrial growth.
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IndoSpace to dial up investment in Tamil Nadu to meet warehouse demand
VCCircle
·
10m ago
Medial
- IndoSpace plans to increase investment in Tamil Nadu by 41% in the next three years to meet the rising demand for industrial parks. - The demand for warehouse developers has surged as companies aim to diversify supply chains and capitalize on India's economic growth. - The Indian warehousing market is projected to double to $37 billion by 2032. - IndoSpace has already invested $380 million in Tamil Nadu and aims to raise the investment to $536 million. - The company expects to create over 8,000 new jobs in addition to the 15,000 jobs already planned through a previous partnership with the Tamil Nadu government. - Tamil Nadu is a preferred manufacturing destination for global companies such as Foxconn, Samsung, and Tata Motors' Jaguar Land Rover.
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JLR to begin car assembly in Tamil Nadu by 2026; Tata Motors delays Avinya EV launch
Economic Times
·
1m ago
Medial
Jaguar Land Rover (JLR) will start assembling luxury vehicles in Tamil Nadu from 2026, marking a significant investment by parent company Tata Motors. Initially focusing on Range Rover Evoque and Velar SUVs, the plant represents a strategic manufacturing shift from Pune. JLR's move aligns with expectations of the India-UK Free Trade Agreement influencing car import economics. Concurrently, Tata Motors delayed its Avinya electric vehicle launch to address engineering challenges, with plans for a standalone premium EV brand.
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Tata Motors signs MoU with Tamil Nadu govt to set up vehicle manufacturing unit
Livemint
·
1y ago
Medial
Tata Motors has signed an MoU with the Tamil Nadu government to establish a vehicle manufacturing facility in the state with an investment of around ₹9,000 crore over the next five years. The facility is expected to create up to 5,000 direct and indirect jobs. This will be Tata Motors' second plant in South India, and the company already has a manufacturing unit in Karnataka. The specific details regarding the vehicles to be manufactured at the new facility have not been disclosed.
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Tamil Nadu cabinet approves Foxconn's Rs 13,180-crore display module assembly unit
Economic Times
·
10m ago
Medial
- Tamil Nadu cabinet approves Rs 13,180 crore investment by Yuzhan Technology (India), a unit of Foxconn, generating 14,000 jobs. - Foxconn considering Rs 1,000 crore investment to set up smartphone display module assembly unit in Tamil Nadu for Apple. - Foxconn acquires 500,000 square feet facility near Chennai for manufacturing smartphone modules, encouraging other contract manufacturers to use its components. - Foxconn's investment is the largest among 14 projects approved by the Tamil Nadu Cabinet, with a cumulative investment of Rs 38,698.80 crore. - Tata Motors to invest Rs 9,000 crore in manufacturing Jaguar Land Rover vehicles in Ranipet. - Other investments approved include Leap Green Energy Pvt Ltd (Rs 10,375 crore), Freetrend Industrial India (Rs 1,000 crore), Kaynes Circuits India (Rs 1,395 crore), Ascent Circuits (Rs 613.6 crore), and Lucas TVS (Rs 510 crore).
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Tata Motors’ Jaguar Land Rover manufacturing unit in Tamil Nadu may begin operations late in 2025 | Mint
Livemint
·
1y ago
Medial
Tata Motors is set to begin construction of the first Jaguar Land Rover manufacturing unit in India. The unit, which will solely produce electric vehicles (EVs), is expected to be operational by late 2025 or early 2026. Tata Motors has secured over 400 acres of land in Tamil Nadu for the project, which benefits from its proximity to ports in Chennai and Ennore. The manufacturing unit will form part of the Chennai-Bengaluru Industrial Corridor and help increase connectivity in the area. Presently, Jaguar Land Rover's manufacturing unit in Pune assembles completely knocked-down (CKD) models.
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