The Tamil Nadu government signed investment deals of up to 8,350 crore with five auto companies on Monday. Making the announcement in the assembly, chief minister J Jayalalithaa said that her government signed memoranda of understanding (MOU) with Daimler India Commercial Vehicles, India Yamaha Motor, Ashok Leyland-Nissan, Eicher Motors and RPG Group company Philips Carbon Black. With this, the state has delivered on nearly half of the 20,000 crore announced by the finance minister, O Paneerselvam in the state budget. Typically, for every 100 invested by original equipment manufacturers, an additional 35 is invested by component suppliers. These investments will create more than 9,000 jobs.
Yamaha to set up its biggest plant in India with an investment of about 1,500 crore
Ashok Leyland-Nissan joint venture to invest 4,150 crore to set up a commercial vehicle manufacturing plant in Oragadam
Daimler India plans to double its investments in the state to 4,000 crore
Eicher Motors intends to set up a 350 crore plant in Oragadam
Philips Carbon Black in its MOU with the state government said it will invest Rs 350 crore to set up a plant to produce carbon black (an essential ingredient for manufacturing tyres). The factory will come up in SIPCOT Industrial Park at Thervoykandigai in Thiruvallur district and would generate 230 new jobs, Jayalalithaa said.
Yamaha to set up its biggest plant in India with an investment of about 1,500 crore
Ashok Leyland-Nissan joint venture to invest 4,150 crore to set up a commercial vehicle manufacturing plant in Oragadam
Daimler India plans to double its investments in the state to 4,000 crore
Eicher Motors intends to set up a 350 crore plant in Oragadam
Philips Carbon Black in its MOU with the state government said it will invest Rs 350 crore to set up a plant to produce carbon black (an essential ingredient for manufacturing tyres). The factory will come up in SIPCOT Industrial Park at Thervoykandigai in Thiruvallur district and would generate 230 new jobs, Jayalalithaa said.
1 comment:
Nowadays vehicles should be fast performers and should have efficient engines. Along with buying cars people should take care of their SUV's and other vehicles. SUV care and maintenance of vehicles is also important
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