Ranipet Set for Rs 9,000 Crore Tata Motors Plant, Creating 5,000 Jobs
Ranipet to Get Rs 9,000 Crore Vehicle Manufacturing Plant from Tata Motors Tata Motors signs an MoU with the Tamil Nadu government, marking a significant step towards industrial development in the state. With an investment of Rs 9,000 crore, the automobile giant aims to set up a manufacturing plant in Ranipet district, generating 5,000 jobs and fostering economic growth. {jistoc} $title={Table of Contents} Tata Motors' New Venture: A Boost for Tamil Nadu's Economy Tata Motors, a leading automobile giant, has recently signed a Memorandum of Understanding (MoU) with the Tamil Nadu government. This agreement marks the beginning of a new chapter in the industrial development of Tamil Nadu. A Significant Investment Tata Motors plans to invest a whopping Rs 9,000 crore to set up a state-of-the-art vehicle manufacturing facility in the state. This investment is expected to generate around 5,000 direct and indirect jobs over the next five years. The manufac...