📷 Image: Wikimedia Commons / Michael Gäbler
Automobile
Two Auto Firms Commit Rs 1,370 crore to Tamil Nadu, Govt Denies Relocation Rumours
✍️ The Economic Times
🗓 12 Nov 2026, 12:46 AM
👁 9
Two automobile manufacturers have pledged a combined investment of Rs 1,370 crore in Tamil Nadu, and the state government has refuted reports that the projects are being shifted elsewhere.
Two leading auto manufacturers announced a joint commitment of Rs 1,370 crore to set up new production facilities and related infrastructure in Tamil Nadu. The investment, disclosed in a statement to the Economic Times, is expected to boost the state’s manufacturing capacity and generate thousands of jobs over the next few years.
The firms plan to establish assembly lines, component plants and ancillary units across designated industrial zones, leveraging Tamil Nadu’s skilled workforce and logistics network. While exact locations have not been disclosed, officials said the projects will align with the state’s broader push to attract high‑value manufacturing.
In response to circulating rumors that the ventures might be relocated to other states, the Tamil Nadu government issued a clear denial, emphasizing that all approvals are in place and the projects will proceed as scheduled. The statement underscored the state’s commitment to fostering a stable investment climate for the automotive sector.
The firms plan to establish assembly lines, component plants and ancillary units across designated industrial zones, leveraging Tamil Nadu’s skilled workforce and logistics network. While exact locations have not been disclosed, officials said the projects will align with the state’s broader push to attract high‑value manufacturing.
In response to circulating rumors that the ventures might be relocated to other states, the Tamil Nadu government issued a clear denial, emphasizing that all approvals are in place and the projects will proceed as scheduled. The statement underscored the state’s commitment to fostering a stable investment climate for the automotive sector.