Summary:

Tamil Nadu is rapidly emerging as India's electric vehicle (EV) powerhouse, with major developments underway. The foundation stone ceremony for Tata Motors-JLR's factory is scheduled, marking a significant investment in EV infrastructure. Ford Motor Company plans to expand its EV efforts, while VinFast is set to establish a plant next year. The state already hosts leading two-wheeler EV manufacturers, including Ola Electric and TVS Motor. Hyundai is investing $2.39 billion in Chennai, and Tata Motors-JLR, VinFast, Royal Enfield, and Stellantis have announced substantial investments for 2024.

Tamil Nadu leads EV two-wheeler manufacturing in India, accounting for 70% of the market with a capacity of 10 million units. Citroën recently became the first multinational to sell the domestically produced Ë-C3, manufactured in Tamil Nadu. On September 28, Chief Minister MK Stalin will lay the foundation for Tata Motors-JLR's facility, in a state that houses over 1,500 auto plants. The facility, focused on "Made in India" models, is expected to be operational within 12 to 18 months.

Tamil Nadu's skilled workforce, robust supply chain, and infrastructure make a significant contribution to India's automotive production.

Source: IBEF 

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