Pre Project Stage Electric Vehicles & Battery Manufacturing Private Sector

Rs.500 million New EV Powertrain Mfg. Unit in Hosur, Tamil Nadu.

Investment
From 100 Million to 999 Million
Stage
Pre Project Stage
Location
Krishnagiri, Tamil Nadu
Last updated
22 Jul 2022

Project summary

A new EV powertrain manufacturing unit is planned to be established in Tamil Nadu with an estimated cost of Rs.500 million. An MoU has been signed for the project, indicating progress towards the establishment of the new unit. It is expected to create employment opportunities and boost the local economy while meeting the growing demand for EV powertrains in India.

Project details

SegmentElectric Vehicles & Battery Manufacturing
IndustryAutomotive Industries
Products & capacityEV Powertrain
DistrictKrishnagiri
StateTamil Nadu
InvestmentFrom 100 Million to 999 Million
Project typeNew
OwnershipPrivate Sector
StagePre Project Stage
Last updated22 Jul 2022
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