Tata Motors to Lay Foundation Stone for JLR Electric Vehicle Plant
Tata Motors plans to lay the foundation stone for its Jaguar Land Rover (JLR) electric vehicle manufacturing plant in Tamil Nadu this September. The project aims to create significant employment opportunities and contribute positively to the local economy.
Tue, 30 Jul 2024
In a significant development, Tata Motors has announced plans to lay the foundation stone for its Jaguar Land Rover (JLR) electric vehicle manufacturing plant in Tamil Nadu this September. This marks a major milestone for the company as it will be the first time that a premium vehicle will be completely manufactured in India, rather than just assembled.
The Rs 9,000 crore project is expected to create significant employment opportunities and contribute positively to the local economy. The plant will have the capacity to produce over 1 lakh units of electric vehicles annually, making it one of the largest facilities of its kind in the country.
🚨Tata Motors to lay the foundation stone for the Rs 9,000 crore Jaguar Land Rover (JLR) electric vehicle manufacturing plant in Tamil Nadu in September.
— Indian Tech & Infra (@IndianTechGuide) July 30, 2024
This will be the first time a premium vehicle will be completely manufactured in India rather than assembled. pic.twitter.com/TzvLso4z3L
With this move, Tata Motors aims to capitalize on the growing demand for eco-friendly vehicles and strengthen its position as a leading player in the Indian automotive industry.
The announcement comes at an opportune time, with India's government setting ambitious targets to reduce carbon emissions and promote electric vehicle adoption. As the country continues to transition towards cleaner energy sources, this investment is expected to play a crucial role in driving growth and innovation in the sector.
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