State-of-the-art, greenfield plant, at Panapakkam in Ranipet district, Tamil Nadu, will use 100% renewable power to produce next-gen vehicles for Indian and global markets
To create over 5,000 employment opportunities with significant skill-building in local community
Bengaluru, NFAPost: In a significant step towards promoting indigenous (“Make in India, For the World”) manufacturing, Tata Motors Group, India’s leading producer of commercial and passenger vehicles, 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 Tamil Nadu Chief Minister M K Stalin and Tata Sons & Tata Motors Chairman N Chandrasekaran in the presence of several eminent Ministers, public representatives, senior bureaucrats, government officials, and senior representatives of the Tata Group.
Speaking on the occasion, Tamil Nadu Chief Minister M K Stalin said Tata Group is renowned for its contribution to nation building.
“It has a deep, historic relationship with Tamil Nadu with many of its manufacturing plants successfully operating in our state for the past several years. We welcome Tata Motors, an auto manufacturer of global scale, for setting up its newest manufacturing facility in Panapakkam, Ranipet,” said Tamil Nadu Chief Minister M K Stalin.
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.
Speaking on the occasion, Tata Sons Chairman N Chandrasekaran said Tata Sons is pleased to make Panapakkam as the home of its next generation of cars and SUVs, including electric and luxury vehicles.
“Tamil Nadu is a leading industrial state with progressive policies and an established automotive hub with qualified and talented workforce. Several Tata Group companies have been successfully operating from here. We now intend to build our advanced vehicle manufacturing plant here using cutting-edge manufacturing technology and world-class sustainability practices,” said Tata Sons Chairman N Chandrasekaran.
Tata Sons Chairman N Chandrasekaran said Tata Sons endeavour will be to have a high share of women employees across levels, in line with the company;s focus towards greater empowerment of women.
Tata Motors Group intends to invest around Rs 9,000 crores 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 5-7 years.
About Tata Motors:
Part of the $165 billion Tata group, Tata Motors Limited (BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a $44 billion organisation, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks, and buses, offering an extensive range of integrated, smart, and e-mobility solutions. With ‘Connecting Aspirations’ at the core of its brand promise, Tata Motors is India’s market leader in commercial vehicles and ranks among the top three in the passenger vehicles market.
Tata Motors strives to bring new products that captivate the imagination of GenNext customers, fuelled by state-of-the-art design and R&D centres located in India, the UK, the US, Italy, and South Korea. By focusing on engineering and tech- enabled automotive solutions catering to the future of mobility, the company’s innovation efforts are focused on developing pioneering technologies that are both sustainable and suited to the evolving market and customer aspirations. The company is pioneering India’s Electric Vehicle (EV) transition and driving the shift towards sustainable mobility solutions by developing a tailored product strategy, leveraging the synergy between Group companies and playing an active role in liaising with the Government of India in developing the policy framework.
With operations in India, UK, South Korea, Thailand and Indonesia, Tata Motors markets its vehicles in Africa, the Middle East, Latin America, Southeast Asia, and the SAARC countries. As of March 31, 2024, Tata Motors’ operations include 90 consolidated subsidiaries, two joint operations, five joint ventures, and numerous equity-accounted associates, including their subsidiaries, over which the company exercises significant influence.
