+
Tata Motors invests Rs 90 bn sets up Tamil Nadu plant
ECONOMY & POLICY

Tata Motors invests Rs 90 bn sets up Tamil Nadu plant

Tata Motors announced that they had entered into an agreement with the Tamil Nadu government to establish a vehicle manufacturing plant in Ranipet near Vellore, with an investment of Rs 90 billion.

According to a statement from the state government, the investment, spread over five years, is anticipated to generate more than 5,000 jobs.

This development coincides with the company's decision to divide its passenger and commercial vehicles businesses into two separate listed entities. The trucks and buses segment, along with associated investments, will be consolidated under one entity, while the other will encompass passenger cars, electric vehicles (EVs), and Jaguar Land Rover.

VinFast, an EV manufacturer based in Vietnam and a competitor of Tesla on the global stage, has commenced construction of its Rs 16,000 crore EV manufacturing facility in Thoothukudi, Tamil Nadu. This move is perceived as an effort to broaden its manufacturing presence in South India. The company already operates manufacturing plants in Dharwad (Karnataka), Jamshedpur (Jharkhand), Pune (Maharashtra), Lucknow (Uttar Pradesh), Pantnagar (Uttarakhand), and Sanand (Gujarat).

State Industries Minister T R B Rajaa remarked, Over the past couple of years, Tamil Nadu has become a prominent destination for investments. He added, We are not just establishing factories; we are nurturing aspirations and progressing towards a brighter, more prosperous future.

After the signing of the memorandum of understanding (MoU), teams from Guidance, the nodal agency in Tamil Nadu for investment promotion and facilitation, and Tata Motors will collaborate to advance this opportunity. The MoU was exchanged between Guidance's Managing Director and Chief Executive Officer V Vishnu and Tata Motors Group's Chief Financial Officer P B Balaji in the presence of Chief Minister M K Stalin.

Tata Motors announced that they had entered into an agreement with the Tamil Nadu government to establish a vehicle manufacturing plant in Ranipet near Vellore, with an investment of Rs 90 billion. According to a statement from the state government, the investment, spread over five years, is anticipated to generate more than 5,000 jobs. This development coincides with the company's decision to divide its passenger and commercial vehicles businesses into two separate listed entities. The trucks and buses segment, along with associated investments, will be consolidated under one entity, while the other will encompass passenger cars, electric vehicles (EVs), and Jaguar Land Rover. VinFast, an EV manufacturer based in Vietnam and a competitor of Tesla on the global stage, has commenced construction of its Rs 16,000 crore EV manufacturing facility in Thoothukudi, Tamil Nadu. This move is perceived as an effort to broaden its manufacturing presence in South India. The company already operates manufacturing plants in Dharwad (Karnataka), Jamshedpur (Jharkhand), Pune (Maharashtra), Lucknow (Uttar Pradesh), Pantnagar (Uttarakhand), and Sanand (Gujarat). State Industries Minister T R B Rajaa remarked, Over the past couple of years, Tamil Nadu has become a prominent destination for investments. He added, We are not just establishing factories; we are nurturing aspirations and progressing towards a brighter, more prosperous future. After the signing of the memorandum of understanding (MoU), teams from Guidance, the nodal agency in Tamil Nadu for investment promotion and facilitation, and Tata Motors will collaborate to advance this opportunity. The MoU was exchanged between Guidance's Managing Director and Chief Executive Officer V Vishnu and Tata Motors Group's Chief Financial Officer P B Balaji in the presence of Chief Minister M K Stalin.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

India’s Global CE Connect

India’s construction equipment industry is entering a phase where scale is increasingly being matched by productivity, technology, localisation and lifecycle economics. Against this backdrop, bauma ConExpo India 2026, scheduled for September 15-18 at the India Expo Centre, Greater Noida, will bring the global and Indian construction machinery ecosystem together.The eighth edition is expected to be the largest yet, with the exhibition sold out across around 1.45 million sq ft. More than 1,100 exhibitors from over 100 countries are expected to participate, with visitor numbers projected to exc..

Next Story
Real Estate

Orris, Godrej Properties Settle Dispute Over Gurugram Project

Orris Infrastructure and Godrej Properties Limited have reached an amicable settlement over matters related to the jointly developed Godrej Air project in Gurugram, bringing an end to the dispute between the two companies.The Bombay High Court, while hearing a petition filed by Orris Infrastructure, ordered the immediate and unconditional release of Orris Managing Director Amit Gupta on August 25, 2026, after being informed about the settlement agreement between the parties.A single-judge bench led by Justice Milind N. Jadhav noted that in view of the settlement agreement signed by both compan..

Next Story
Infrastructure Urban

Panasonic Launches Second Cycle of Startup Co-Creation Programme

Panasonic Life Solutions India (PLSIND), through its IGNITION Open Innovation platform, has announced the second cycle of Co.lab Studio, a startup collaboration initiative focused on developing scalable digital services and solutions.The new cycle will focus on Safety & Security and Daily Living solutions for communities by leveraging Panasonic’s AI and IoT-enabled connected living platform, MirAIe. The programme aims to help startups move from innovation concepts to pilot deployments, platform integrations and commercialisation-ready solutions.The first cycle of Co.lab Studio received 1..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code