Tata Motors To Build Rs 9000-Crore Vehicle Manufacturing Hub In Tamil Nadu

Tata Motors, India's largest automobile company, on Wednesday signed a Memorandum of Understanding (MoU) with the government of Tamil Nadu to explore setting-up of a vehicle manufacturing facility in the state.

According to the MoU, the company will invest 9000 crore rupees to establish the plant in Tamil Nadu over the next five year.

The company said that the move can potentially create up to 5,000 jobs direct and indirect in the state.