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Tata Motors conducts groundbreaking ceremony of its new vehicle manufacturing facility in Tamil Nadu

Business |Investment

The new plant will use 100% renewable energy, produce next-gen vehicles, create 5,000 jobs, and boost local skill development.

651 views | Date: September 30, 2024

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Tata Motors conducts groundbreaking ceremony of its new vehicle manufacturing facility in Tamil Nadu
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Tata Motors conducts groundbreaking ceremony of its new vehicle manufacturing facility in Tamil Nadu
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Tata Motors conducts groundbreaking ceremony of its new vehicle manufacturing facility in Tamil Nadu
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Ranipet- Tata Motors Group., a vehicle manufacturer, has launched a new world-class production facility in Panapakkam, Ranipet district, Tamil Nadu. This plant will produce next-gen cars and SUVs for both Tata Motors and JLR, catering to domestic and global markets. The groundbreaking ceremony, led by Tamil Nadu Chief Minister Thiru M.K. Stalin and Tata Sons Chairman N. Chandrasekaran, was attended by key ministers, officials, and Tata Group representatives, marking a significant milestone in the "Make in India, For the World" initiative.

Thiru M.K. Stalin, Hon’ble Chief Minister of Tamil Nadu, said, “Tata Group is renowned for its contribution to nation building. It has a deep, historic relationship with Tamil Nadu with many of its manufacturing plants successfully operating in our state for the past several years. We welcome Tata Motors, an auto manufacturer of global scale, for setting up its newest manufacturing facility in Panapakkam, Ranipet.”

This advanced, state-of-the-art manufacturing facility has the potential to create over 5,000 employment opportunities (direct and indirect) and contribute towards building future ready skills amongst the local communities in and around the plant. In addition, the plant will be guided by principles of sustainability and use 100% renewable energy for running operations.

Mr. N Chandrasekaran, Chairman, Tata Sons said, “We are pleased to make Panapakkam as the home of our next generation of cars and SUVs, including electric and luxury vehicles. Tamil Nadu is a leading industrial state with progressive policies and an established automotive hub with qualified and talented workforce. Several Tata Group companies have been successfully operating from here. We now intend to build our advanced vehicle manufacturing plant here using cutting-edge manufacturing technology and world-class sustainability practices. Our endeavour will be to have a high share of women employees across levels, in line with our focus towards greater empowerment of women.”

Tata Motors Group intends to invest ~INR 9,000 crores in this greenfield manufacturing facility, which has been designed for an annual production capacity of over 250,000 vehicles. Production will begin in a phased manner and progressively increase to reach this capacity over the next 5-7 years.

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