Tata Motors' new Tamil Nadu plant
Tata Motors is hitting the accelerator on its commitment to India's automotive sector with a major investment in Tamil Nadu. The company recently laid the foundation stone for a new, state-of-the-art manufacturing facility in Panapakkam, Ranipet district. This ₹9,000 crore project is not just about producing cars; it's about driving economic growth, creating jobs, and solidifying Tamil Nadu's position as a leading automotive hub.
Tamil Nadu Chief Minister MK Stalin, speaking at the groundbreaking ceremony, emphasized the state's commitment to attracting investments and fostering industrial development. He highlighted the government's success in securing over ₹10 lakh crore in investments and generating 31 lakh jobs since May 2021. With this new Tata Motors plant, Tamil Nadu is steering towards its ambitious goal of becoming a trillion-dollar economy by 2030.
The Panapakkam facility is more than just another factory; it's a testament to Tata Motors' vision for the future of mobility. The plant will manufacture next-generation cars and SUVs for both Tata Motors and Jaguar Land Rover (JLR), including electric and luxury vehicles. This focus on cutting-edge technology and sustainable practices aligns with the growing demand for eco-friendly vehicles and reinforces Tamil Nadu's position as a hub for electric vehicle manufacturing.
The project is expected to generate 5,000 jobs, providing a significant boost to the local economy and creating opportunities for skilled workers in the region. Tata Sons Chairman N Chandrasekaran praised Tamil Nadu's progressive policies, skilled workforce, and established automotive ecosystem, highlighting the state's attractiveness for investments in the manufacturing sector.
With a planned annual production capacity of over 250,000 vehicles, the Panapakkam plant is poised to be a major contributor to Tata Motors' growth and expansion plans. The company's commitment to investing in Tamil Nadu reflects its confidence in the state's potential and its contribution to India's economic progress.
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