“With this investment, Tamil Nadu further solidifies its position as the unrivalled automobile capital of India, reminiscent of the transformative impact of Hyundai’s investment during Kalaignar’s tenure,” chief minister MK Stalin said on X.
Stalin and senior executives of Tata Motors were present in Chennai for the signing of the MoU. It will be Tata Motors’ second plant in southern India, after Dharwad in Karnataka, and marks the second big-ticket automobile investment in Tamil Nadu, following Vietnamese company VinFast’s recent announcement.
“This is Tata Motors’ first investment in Tamil Nadu and it is a historic day,” the state industries minister TRB Rajaa told ET. “Tamil Nadu is the auto capital of India and this investment is a reinforcement that we have so much more to give. Tamil Nadu is a huge growth engine for India and sees this investment as one that will be a huge enabler.”