Latest News
- Tesla CEO Elon Musk's Much-Awaited Visit to India Deferred, Leaving Questions Unanswered
- Ford Mustang 60th Anniversary Package – Limited To Just 1,965 Units
- Mahindra XUV 3XO SUV – Everything We Know So Far
- Top 10 Used Bikes to Kickstart Your Riding Journey
- Suzuki Swift Hatchback Scores 4 Star Safety Rating At JNCAP – ADAS, New Engine & More
- Porsche Introduces Macan EV In India, Expanding Electric Portfolio
- Tata Motors To Manufacture Jaguar Land Rover Cars In Billion Dollar TN Plant - Report
- Ford Territory SUV Name Trademarked – Likely To Be Positioned Below The Everest SUV
- Jawa Yezdi Expands Mega Service Camps To 32 New Cities, Focusing On Tier-II And Tier-III Regions
- Sany India Introduces SKT105E: An Electric Dump Truck
Get the Best Drivespark Stories
Get the Best Drivespark Stories
Unblock Now
notifications_off
For Daily Email Alerts
Mahindra Signs MoU With Tamil Nadu Government
oi-Rajkamal
By Rajkamal
Indian carmaker Mahindra has signed a MoU with the government of Tamil Nadu to invest INR 2,000 crore in Mahindra Research Valley (MRV).
This amount is to meet the future needs of the company over a time of 5 years. Mahindra can increase the amount invested to INR 4,000 crore by 2022 if needed, in a few years.
MRV is located at Mahindra World City in Maraimalai Nagar near Chennai. The MRV test track and the new plant would be set up on about 450 acres of land at Cheyyar near Kanchipuram.
Also, Mahindra is gearing itself with new launches and on 10th September, the company will launch its much awaited TUV 300.
Comments
More
From
DriveSpark
Prev
Next
Article Published On: Wednesday, September 9, 2015, 14:37 [IST]
Get The Best Drivespark Stories!
Allow Notifications
You have already subscribed