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In a step towards promoting indigenous manufacturing, Tata Motors Group, India’s leading producer of commercial and passenger vehicles, on Saturday held the groundbreaking ceremony of its new, world-class production facility to manufacture cars and SUVs, at Panapakkam in Ranipet district, Tamil Nadu.
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 groundbreaking ceremony was attended by the Chief Minister of Tamil Nadu, M K Stalin and N Chandrasekaran, Chairman of Tata Sons and Tata Motors.
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.
Tata Motors Group intends to invest Rs 9,000 crore 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 five to seven years.
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