Tata Motors, a leading manufacturer of passenger and commercial vehicles, has proposed an initial investment of ₹914 crore to set up a new vehicle manufacturing project in Tamil Nadu. https://trib.al/eQiTuig
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Tata Motors has committed to an overall ₹9,000 crore investment in a new vehicle manufacturing project in Tamil Nadu, focusing on high-end cars and SUVs under its Jaguar Land Rover brand . Read more: https://lnkd.in/dZApxN_5 . #manufacturing #technology #industry #automation #productivity #oemupdate
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Tata Motors is revving up India's auto sector!!! Exciting news for the automotive industry in India. Tata Motors has broken ground on a new ₹9,000 crore vehicle manufacturing facility in Ranipet, Tamil Nadu. This state-of-the-art plant will produce high-end cars and SUVs under both the Tata Motors and Jaguar Land Rover brands. Key highlights: • Annual production capacity of 250,000 units, to be reached in 5-7 years • Will manufacture next-generation vehicles, including electric and luxury models • Expected to create over 5,000 direct and indirect jobs • Plans for a suppliers' park to localize the manufacturing ecosystem This investment reinforces Tamil Nadu's position as an automotive hub and demonstrates Tata Motors' commitment to "Make in India, For the World". It's great to see such significant investments in advanced manufacturing capabilities that will drive innovation and create skilled jobs. What are your thoughts on this development? How do you think it will impact the Indian automotive landscape? #TataMotors #Automotive #Manufacturing #ElectricVehicles #MakeInIndia
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🔸️UPDATE: Tata Motors is infusing $1 billion in Tamil Nadu based new manufacturing plant to produce luxury cars under JLR arm. As recent news reveals this information, earlier it was confidential at the time of investment made by TML that what type of vehicle will be manufactured. #tatamotors #JaguarLandRover #automotiveindustry #businessnews
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Tamil Nadu facility to build both Tata Motors and JLR models, to start production by 2032: CFO Balaji The automaker has earmarked Rs 9,000 crore for the Tamil Nadu unit, which is expected to generate about 5,000 jobs Some of the JLR models will be based on the Electrified Modular Architecture (EMA) that the company had developed for its premium EVs (Representation Image - Credit: Pexels) With an aim to further enhance synergies between its Passenger Vehicle (PV) and Jaguar Land Rover (JLR) businesses, Tata Motors said its greenfield facility at Tamil Nadu will be building models from its own stable as well as that from its British luxury carmaking arm. This was revealed by a senior company official, who also said the plant will be building both ICEVs and EVs for domestic and global markets. "As far as the Chennai plant is concerned, it's a Tata Motors plant and will be a combination of both EVs and ICEVs. It is going to be a flexible plant that and the timeline for completing the project is the 2032,” Chief Financial Officer P.B. Balaji said in a post-earnings media conference call on November 8. Tata Motors on September 28 signed a memorandum of understanding (MoU) with the Tamil Nadu government to establish a vehicle manufacturing facility, at Tamil Nadu's Ranipet. The company has earmarked Rs 9,000 crore for the unit, which is expected to generate about 5,000 jobs. “At the same time, we will obviously would want the plant to commence (manufacturing vehicles) sooner rather than later, depending on how our existing capacities at Sanand Plant (acquired from Ford Motors India). So, it is a next step, the next phase of expansion of Tata Motors, once we consume the Sanand plant 2.” Tata Motors, which had earlier clarified that it has no plans to leverage on EV Policy of the government, had also revealed that some of the JLR models will be based on the Electrified Modular Architecture (EMA) that the company had developed for its premium EVs. “The latest we have to do it is by 2032 but we'll get it much earlier than that. And the Tata Motors factory, which will make all the cars that are needed, will also have JLR cars also coming out of that facility. It will be a full-fledged factory," Balaji further added. #TATAMOTORS #JLR #EMA #EV #ICEV #TAMILNADU
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The Indian electric vehicle (EV) market is set for fierce competition as Mahindra and Mahindra Limited [Automotive and Farm Equipment Business], Maruti Suzuki India Limited, and Hyundai Motor India Ltd. plan to launch multiple new models in 2025, challenging leaders Tata Motors Limited, In Hr Dept and JSW Steel MG Motor AE India. In January 2025, several new EVs will debut in Delhi, increasing consumer options in a market where EVs currently represent only 2% of new car sales. Union Minister Nitin Gadkari predicts EV prices will drop further as lithium-ion battery costs decrease. Tata Motors is reducing prices on popular models while innovative financing options like Battery-as-a-Service (BaaS) are emerging to ease ownership costs. Local production efforts aim to strengthen the economy and enhance competitiveness in the global EV market, signaling a transformative shift towards electric mobility in India. https://lnkd.in/gS_9-sAK #EV #MarutiSuzuki #Mahindra #Tata #Hyundai #JSW
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#Diwali_Pick_Tata_Motors Tata Motors with a range of EVs and has launched a festive sale with EV discounts and a CAMO edition of the Tata Punch. With its new Tamil Nadu plant set to produce 2.5 lakh vehicles annually, it will be a big beneficiary of the EV boom. Tata Motors Ltd Gradual recovery in H2FY2025 Rating:BUY (CMP:932 , Price Target:1,319 ) ✅Company Description TML manufactures cars and commercial automotive vehicles. The companydesigns, manufactures, and sells heavy,medium, and small CVs, including trucks, tankers, vans, buses, ambulances, and minibuses. TML also manufactures small cars and sports utility vehicles (SUVs). The company is a leading CV manufacturer in India. TML acquired Jaguar and Land Rover brands in 2008; and Jaguar and Land Rover brands merged to form one unified company in 2013. ✅Key Investment Arguments •JLR reported a 10% y-o-y decline in volumes inQ2FY2025 due to production constraint. •JLR has already guided for a production constraint in Q2FY2025 in advance and further guided for a strong recovery in production in H2FY2025. •BMW has cut down EBIT margin guidance for CY2024, largely due tocompany-specific issues. •Given JLR’s production constraint issue has already been guided and BMW’s guidance for EBIT margin cut in FY2025 was more of a company-specific issue, we maintain our BUY view on Tata Motors Limited (TML) with an unchanged PT of Rs.1,319 based on expectations of continued improvement in JLR, PV, and CV businesses as well as reduced net automotive debt. #Diwali #Sharekhan_pick 🛑Disclaimer: It is for informative purpose only, do expert opinion before investing.
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After dominating the #ICE market for decades, Maruti Suzuki India Limited is aiming to become the number one player in the electric car segment with the new #eVitara. Maruti’s Gujarat plant will have an exclusive line for EVs as the company looks at scaling production ops! This will be the fourth line at the facility. There are already three catering to ICE models. The competition in the #electric car space is heating up with Hyundai Motor India Ltd. Tata Motors Mahindra Group Toyota Kirloskar Motor KIA India and JSW MG Motor India, among others, either introducing new models or planning to bring them this year! Will 2025 be that revolutionary year for the electric car market in #India?
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Hey! 2025 is already thrilling for the EV world! ⚡🚀 Big investments, exciting launches, and game-changing two-wheelers & charging tech. So much is happening that one article wasn’t enough! Had to share this—check them out! 🔗👇 🔹 Industry, investments & big EVs 🚛 https://surl.li/yyhqaz 🔹 Two-wheelers, charging & future mobility 🛵⚡https://surl.li/gfmoxm #GEVIndia #EVUpdates2025 #FutureIsElectric #SustainableMobility
Big Bets, Big Vehicles – India’s EV Industry Kicks Off 2025 The EV market in India has hit the ground running in 2025, with exciting developments in investments and large-scale electric vehicles (EVs). Here’s a quick look at the game-changing updates shaping the industry: 1. Mega Investments Powering the Future JSW Group has committed a massive $35 billion investment in Maharashtra to boost EV manufacturing, battery production, and renewable energy. This move promises to: Create 10,000+ jobs in the state. Position Maharashtra as the heart of India’s EV revolution. Why it’s big: This is a leap toward making EVs more accessible and infrastructure-ready for the masses. 2. Maruti Suzuki India Limited Joins the Electric SUV Race Maruti Suzuki stunned the market with the launch of its first electric SUV, the eVitara. Range: Over 400 km on a single charge. Design: Smart, spacious, and family-friendly. Pricing: Expected to be competitive, making it a strong contender in the mid-range EV segment. This marks a significant milestone for Maruti Suzuki, finally stepping into the EV game with a bold, practical offering. 3. Tata Motors Doubles Down on Localization To stay ahead in the EV race, Tata Motors is focusing on localizing battery production. This strategy is aimed at: Reducing costs. Strengthening its leadership in the domestic EV market. Looking Ahead India’s EV industry is buzzing with promise, but challenges like ultra-fast charging networks and sustainable battery supply remain. Still, the momentum is unmistakable, and the future looks electrifying. This is just the tip of the iceberg. Stay tuned for another article diving into the two-wheeler and charging tech revolutions! #GEVIndia #ElectricVehicles #SustainableMobility #EVUpdates2025 #FutureIsElectric #ZeroEmissions #EVRevolution #SmartMobility #IndiaGoesElectric #DriveTheFuture
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It took 14 years to reach to this milestone for Nissan Oragadam plant in Chennai India. With 2.75 million vehicles produced so far, averaging below 200K per year is much lower than installed capacity of almost 500K. Nissan cars are not sold well in India and with the advent of EVs, lack of direction of EV strategy, I see future of Oragadam plant is under question #Nissan #EVStrategy
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Big Bets, Big Vehicles – India’s EV Industry Kicks Off 2025 The EV market in India has hit the ground running in 2025, with exciting developments in investments and large-scale electric vehicles (EVs). Here’s a quick look at the game-changing updates shaping the industry: 1. Mega Investments Powering the Future JSW Group has committed a massive $35 billion investment in Maharashtra to boost EV manufacturing, battery production, and renewable energy. This move promises to: Create 10,000+ jobs in the state. Position Maharashtra as the heart of India’s EV revolution. Why it’s big: This is a leap toward making EVs more accessible and infrastructure-ready for the masses. 2. Maruti Suzuki India Limited Joins the Electric SUV Race Maruti Suzuki stunned the market with the launch of its first electric SUV, the eVitara. Range: Over 400 km on a single charge. Design: Smart, spacious, and family-friendly. Pricing: Expected to be competitive, making it a strong contender in the mid-range EV segment. This marks a significant milestone for Maruti Suzuki, finally stepping into the EV game with a bold, practical offering. 3. Tata Motors Doubles Down on Localization To stay ahead in the EV race, Tata Motors is focusing on localizing battery production. This strategy is aimed at: Reducing costs. Strengthening its leadership in the domestic EV market. Looking Ahead India’s EV industry is buzzing with promise, but challenges like ultra-fast charging networks and sustainable battery supply remain. Still, the momentum is unmistakable, and the future looks electrifying. This is just the tip of the iceberg. Stay tuned for another article diving into the two-wheeler and charging tech revolutions! #GEVIndia #ElectricVehicles #SustainableMobility #EVUpdates2025 #FutureIsElectric #ZeroEmissions #EVRevolution #SmartMobility #IndiaGoesElectric #DriveTheFuture
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