Tata Motors Set to Boost Electric Vehicle Manufacturing in Tamil Nadu

A recent media report confirmed that Tata Motors agreed to electrify its vehicle manufacturing in the state of Tamil Nadu.

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Tata Motors Set to Boost Electric Vehicle Manufacturing in Tamil Nadu

A recent media report confirmed that Tata Motors agreed to electrify its vehicle manufacturing in the state of Tamil Nadu.

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It has been disclosed by analysts that the automobile giant is in the process of starting a new factory in Ranipet that will mainly produce EV, states the report.

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Previously there was a mutual understanding (MOU) agreement between Tata Motors and the Tamil Nadu Government to invest almost Rs. Attributing Rs 9,000 crore to the state.

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The project provides the proposed Ranipet facility of 2,00,000 in initial units generated per year.

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This decision is both course and timely coming at the back of efforts by the two countries to conclude a credible free trade treaty.

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That Tata Motors will be local body EV producer and take any preferential trade terms Tata Motors will be eligible for.

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