Stellantis to invest Rs 2,000 crore for Citroen brand in Tamil Nadu
时间:2024-06-26 12:30:05 阅读(143)
European auto major Stellantis has announced that it will invest an additional Rs 2,000 crore under its Citroen brand in Tiruvallur district, Tamil Nadu.
This additional investment will be made over a period of the next 6 years and will take the total investment in the state to Rs 3,250 crore.
The non-binding MoU was formally exchanged during the Global Investors Meet in Chennai, in the presence of Chief Minister of Tamil Nadu, M K Stalin.
Aditya Jairaj, CEO & MD of Stellantis India said, “This substantial investment under the Citroen brand underscores our commitment to India’s automotive market. Tamil Nadu has consistently demonstrated its suitability for business, offering a conducive environment for growth. With firm state support, we aim to strengthen production capabilities and spearhead technological advancements, reinforcing our position as a driving force for sustainable growth and innovation.”
上一篇:Improving Commеrcial Rеal Estаtе- Thе importancе of road connеctivity and organizеd propеrty
下一篇:Zomato target price cut further by Ashwath Damodaran; valuation guru says stock ‘still not a buy’
猜你喜欢
- India auto, components sector faces soft retail sales, as competition from new SUVs, two-wheelers intensifies
- In pictures- Sydney Mardi Gras parade returns in style
- Wipro shares end flat ahead of Q4 results announcement; Board to consider share buyback proposal today
- ZEEL, Adani Total Gas among 163 NSE stocks to touch 52-week lows, 17 stocks hit 52-week highs
- Apollo Tyres share price tanks 23% so far in 2022; analysts remain bullish, see up to 73% potential rally
- World Aquatics Championships 2023- International swimmers’ impressive acrobatics stun the audience – See Photos
- Yellow metal ends the third week in green
- After the highs- Rejig your portfolio
- Air India-Vistara merger- Vistara expects all legal approvals for its merger in first half of 2024