Tata Motors to introduce premium vehicles hub in Tamil Nadu
By Staff Report December 23, 2024 4:32 pm IST
Tata Motors has committed to an overall ₹9,000 crore investment in a new vehicle manufacturing project in Tamil Nadu, focusing on high-end cars and SUVs under its Jaguar Land Rover brand.
Tata Motors, a leading manufacturer of passenger and commercial vehicles, has proposed an initial investment of ₹914 crore for a new vehicle manufacturing project in Tamil Nadu, officially breaking ground on September 28 at Panapakkam in Ranipet District, located approximately 85 km from Chennai. The upcoming greenfield facility will concentrate on producing high-end cars and SUVs under Tata Motors’ brand and its luxury division, Jaguar Land Rover (JLR).
As per the agreement signed with the Tamil Nadu government, Tata Motors has committed to an overall ₹9,000 crore investment in a manufacturing plant in Tamil Nadu, executed in phases over several years. The first phase will involve a ₹914 crore investment to construct a plant covering 52,000 square meters, out of a total land space of 19,02,022.5 square meters. The project is expected to take 15 months, and the new factory will employ around 1,500 employees.The company plans to build a new facility with an annual production capacity of over 2.5 lakh units, aiming to serve as a central hub for next-generation cars and SUVs, including electric and luxury models. The facility aims to build a local supplier base, create a localised manufacturing ecosystem, and improve supply chain efficiency.
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