Farm and construction equipment manufacturer Escorts Kubota Ltd plans to invest up to Rs 4,500 crore over the next three to four years to set up a new manufacturing plant, according to its whole-time director and CFO Bharat Madan. The company is currently in talks with the Rajasthan government for a site at Ghiloth, where … Read more
CHENNAI: Automobile giant Tata Motors plans to build a vehicle plant in Tamil Nadu with a Rs 9,000 crore investment, expanding its play in the world’s third largest automobile market. While the company didn’t specify whether the facility will manufacture commercial or passenger vehicles, analysts expect it to roll out passenger vehicles after a potential … Read more
Tata Motors on Wednesday said it will build a cutting-edge vehicle manufacturing facility in Ranipet, Tamil Nadu, at an investment of ₹9,000 crore. The Tata group company signed a memorandum of understanding (MoU) with the Tamil Nadu government to establish the facility, its second plant in southern India. The unit is expected to generate about … Read more