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Tata Motors has conducted the groundbreaking ceremony of its new, world-class production facility to manufacture passenger vehicles at Panapakkam in Ranipet, Tamil Nadu.
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- The groundbreaking ceremony was attended by the Chief Minister of Tamil Nadu, Thiru M.K.Stalin and Mr. N Chandrasekaran, Chairman of Tata Sons & Tata Motors.
- This manufacturing facility will produce next-gen vehicles for Tata Motors and JLR. The internationally benchmarked plant will cater to requirements of both Indian and international markets.
- The new 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.
- 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.
- The plant will use 100% renewable energy for running operations. Production will begin in a phased manner and progressively increase to reach this capacity over the next 5-7 years.
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350Z