Business

#Tamil Nadu : Massive ! Chief Minister M K Stalin Lays Foundation Stone For Tata Motors’ Rs 9,000 Crore Plant

The ground breaking ceremony was held at Panapakkam in this district, about 115 km from Chennai. The facility is expected to generate 5,000 new jobs.

Posted on

Picture : ANI / X

Tamil Nadu Chief Minister M K Stalin laid the foundation stone for a new manufacturing facility of auto major Tata Motors here entailing investment of Rs 9,000 crore.

The ground breaking ceremony was held at Panapakkam in this district, about 115 km from Chennai. The facility is expected to generate 5,000 new jobs.

Later in post on X Chief Minister M K Stalin wrote, I can proudly say that Tamil Nadu leads India in both automobile production and #EV manufacturing. With a 35% share of the nation’s total automobile output and 40% of all EVs sold, we are pivotal in shaping India’s mobility future.

Besides the CM, senior DMK Ministers Durai Murugan, TRB Rajaa, Chief Secretary N Muruganandam, along with Tata Sons Ltd Chairman N Chandrasekaran participated in the ground breaking ceremony.

Speaking on the occasion, Stalin expressed joy over Tata Motors’ plan to set up a manufacturing facility in TN.

“Tamil Nadu is the first investment destination not only for big companies that operate in India but also for multinational corporations. We are delighted with the presence of Chandrasekaran in this event. Hailing from Namakkal district and leading a globally renowned company, he is a pride for the State,” Stalin said.

Tata Motors had in March signed a memorandum of understanding with the government for setting up the factory.

Tata Motors had in March signed a memorandum of understanding with the government for setting up the factory.

Most Popular

Exit mobile version