MoU Exchanged Between the Hinduja Group and the Government of Tamil Nadu

Source: Hinduja Group

MoU exchanged at the Tamil Nadu Global Investors meet for an investment of ₹1200 Crore over the next 3 years to 5 years, assigned for strategic initiatives to drive innovation, technological advancements and overall business expansion.

January 2024 : Shenu Agarwal, MD & CEO of Ashok Leyland, exchanged an MoU between the Hinduja Group and the Government of Tamil Nadu, at the Tamil Nadu Global Investors meet. This MoU is for an investment of ₹1200 Crore over the next 3 years to 5 years, assigned for strategic initiatives to drive innovation, technological advancements and overall business expansion. This commitment also reflects the group’s vision for sustainable growth and competitiveness in the automotive sector. The group is committed to creating employment opportunities for 500- 1000 people both direct & indirect, based on the work demand.