Tata Technologies to invest USD 1.8 bn in Telangana state – ET Auto

baua

Tata Technologies to invest USD 1.8 bn in Telangana state – ET Auto



Tata Technologies, which provides engineering services to auto, aero and heavy machinery makers, will set up skilling centres in 50 government-run industry training organisations.

Tata Technologies will invest 150 billion rupees (USD 1.80 billion) in the Indian state of Telangana to set up government-affiliated skilling centres, the state government said on Thursday.

The investment from the unit of Tata Motors is the second commitment to the Telangana government in two days after the Adani Group announced a USD 1.49 billion investment on Wednesday.

Indian states have received a slew of pledges for investment from companies including Maruti Suzuki in the past week at business events such as the Vibrant Gujarat Global Summit and the World Economic Forum.

Tata Technologies, which provides engineering services to auto, aero and heavy machinery makers, will set up skilling centres in 50 government-run industry training organisations.

The salt-to-aviation conglomerate also is close to announcing plans to build a semiconductor fabrication plant in Indian Prime Minister Narendra Modi’s home state of Gujarat, Tata Sons‘ chairman said last week.

The latest investment is part of a larger commitment from Tata Group companies, such as Tata Consultancy Services and Tata Advanced Systems, to expand in the state.

“Tata Group is expanding its Air India fleet and has plans to increase both domestic and international connections from Hyderabad,” the state government said in a statement.

It did not provide details on the other Tata investments.

  • Published On Jan 18, 2024 at 06:12 PM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETAuto App

  • Get Realtime updates
  • Save your favourite articles


Scan to download App


Dandy Mini Marts chooses Tesla to install its first EV chargers

Photo: @TeslaCharging/Twitter Dandy Mini Marts has installed its first EV chargers, Tesla Superchargers, at its…

Irvine PD wants its new Tesla Cybertruck police vehicle to ‘start conversations’

Irvine PD has unveiled its Tesla Cybertruck police vehicle, but it won’t be used as…

GM takes a shot at Ford after taking over as number two EV brand in the US

GM is the second best-selling EV brand in the US after topping Ford in the…