Tata Motors Group has inked an agreement with the Tamil Nadu government to establish a new electric vehicle (EV) manufacturing facility in the state.

The automotive giant plans to invest around Rs 9,000 crore over the next five years for this project.

The new manufacturing plant is expected to provide a significant boost to Tata Motors' EV production capabilities and reinforce its position in the rapidly growing electric mobility segment. The investment could potentially create up to 5,000 new job opportunities in the region.

While specific details about the plant's location and production capacity are yet to be disclosed, sources suggest that the facility will likely serve as a hub for exporting EVs based on Jaguar Land Rover's (JLR) Electrified Modular Architecture (EMA) platform to international markets.