· Manufacturing & Investment · Source: newindianexpress.com

Motherson Group to invest Rs 11,000 crore in Tamil Nadu, create 7,000 jobs

Samvardhana Motherson International, with its European and UK joint-venture partners, has signed an MoU with Guidance Tamil Nadu to invest around Rs 11,000 crore in design, engineering, manufacturing, assembly and logistics facilities across the state. The commitment, made during CM Vijay's London visit, is expected to create roughly 7,000 jobs and was the largest of several deals worth Rs 15,300 crore signed in the UK.

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