Tata Motors to invest Rs. 9000 crore for new EV Plant at Chennai.
In a landmark event, Tata Motors has officially begun the groundwork for its new electric vehicle (EV) manufacturing plant in Tamil Nadu. The groundbreaking ceremony was graced by Tamil Nadu Chief Minister M.K. Stalin, along with Tata Sons and Tata Motors Chairman N. Chandrasekaran, and several other notable figures from the government and Tata Group.
Key Highlights:
- New Plant to Produce Next-Gen Jaguar Land Rover (JLR) and Tata EVs: The facility will focus on EVs for both Jaguar Land Rover and Tata Motors, based on the advanced Electrified Modular Architecture (EMA) platform.
- Rs 9,000 Crore Investment: Tata Motors is committing about Rs 9,000 crore for this new facility, making it a significant investment in India’s EV future.
- 2.5 Lakh Vehicles Annually: The plant will produce over 2.5 lakh vehicles per year once it reaches full capacity in the next 5-7 years.
- 100% Renewable Energy: Tata Motors promises to use renewable energy for all its operations, making the plant eco-friendly.
- Employment Opportunities: The facility is expected to create over 5,000 direct and indirect jobs in the region.
Focus on EVs for a Sustainable Future
The upcoming plant, located in Panapakkam, Ranipet, will be a greenfield project aimed at boosting EV production for Tata Motors and Jaguar Land Rover. Out of the plant’s total production capacity, two-thirds will be dedicated to Jaguar Land Rover models, while one-third will cater to Tata Motors’ EVs. The focus on EVs is aligned with India’s push for sustainable mobility solutions.
Phased Production and Capacity Growth
Tata Motors has outlined a phased production plan for the new plant, with initial manufacturing starting at a lower scale and gradually ramping up. The company expects to reach full capacity within 5-7 years. The plant’s full-scale operations will significantly boost the availability of next-gen EVs in India and global markets.
Environmentally Friendly Operations
The facility will run entirely on renewable energy, emphasizing Tata Motors’ commitment to sustainability. This aligns with the company’s vision of reducing its carbon footprint while expanding its EV production capacity.
Economic Impact and Job Creation
Beyond its contribution to the EV industry, the new plant will have a significant socio-economic impact on the region. Tata Motors anticipates generating more than 5,000 direct and indirect jobs, supporting local economies and providing a boost to Tamil Nadu’s industrial ecosystem.
Autodude India Thought on Tata Motors New EV Plant:
The establishment of this plant marks a significant milestone for Tata Motors and India’s growing EV industry. With a strong focus on renewable energy and job creation, the company is setting new standards for sustainable automotive manufacturing. As Tata Motors and Jaguar Land Rover continue to innovate, this facility will play a pivotal role in shaping the future of electric mobility in India and beyond.
Also Read:
Tata Nexon EV Launches New 45kWh Battery Pack and Exclusive Red Dark Edition.
