Tata Motors recently held a groundbreaking ceremony for its new vehicle manufacturing facility in Panapakkam, Ranipet district, Tamil Nadu. This state-of-the-art, greenfield plant will use 100% renewable power and is expected to create over 5,000 employment opportunities. The facility will produce next-generation vehicles for both Tata Motors and Jaguar Land Rover (JLR), catering to both Indian and global markets.
This initiative aligns with Tata Motors' commitment to sustainability and innovation. The plant will also focus on skill-building within the local community. It's a significant step towards promoting indigenous manufacturing under the "Make in India, For the World" initiative.
Tata Motors Group intends to invest ~INR 9,000 crores (approximately 1.08 billion USD) 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.
This new Tata Motors facility in Tamil Nadu will produce a range of next-generation vehicles for both Tata Motors and Jaguar Land Rover (JLR). This includes electric vehicles (EVs), hybrid vehicles, and advanced internal combustion engine (ICE) vehicles. The focus will be on leveraging cutting-edge technology and sustainable practices to cater to both domestic and international markets.
The manufacturing facility is designed to have an annual production capacity of 200,000 vehicles. This capacity will support the production of a range of next-generation vehicles for both Tata Motors and Jaguar Land Rover (JLR), including electric vehicles (EVs) and other advanced models.
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