Tata Motors Group has recently informed exchanges that the company held the groundbreaking ceremony for its new, world-class production facility to manufacture cars and SUVs in Panapakkam, Ranipet district, Tamil Nadu, as a significant step toward promoting indigenous manufacturing. This manufacturing plant will manufacture next-gen vehicles for Tata Motors and Jaguar Land Rover.
The Chief Minister of Tamil Nadu, Thiru M.K. Stalin and Mr. N. Chandrasekaran, Chairman of Tata Sons and Tata Motors, attended the ceremony, which was also attended by several eminent Ministers, public representatives, senior bureaucrats, government officials and Tata Group senior representatives.
In the exchange filing, the company shared, “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.”
