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Tata Motors, a country's major auto maker company has declared a major manufacturing investment in Tamil Nadu with an investment of around ₹9,000 crore in building a cutting-edge vehicle manufacturing facility.
The proposed project is anticipated to create jobs for more than 5,000 people. The factory is expected to come in Ranipet district. The company has inked a deal with the Government for the proposed investment.
Over the past couple of years, Tamil Nadu has hit the fast lane and become the ultimate hub for investments, showcasing our Chief Minister’s dedication to fostering top-tier employment for our vibrant youth and amplifying our industrial prowess, the State Industries Minister T R B Raaja said in his tweet.
Also Read : Adani to invest over ₹1.2 lakh cr in FY25 Reliance Industries reports ₹17,265 crore net profit in Q3 FY24
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