Tamil

Last Updated: February 26, 2024, 10:50 ISTVinFast Starts Work On Rs 16,000 Crore Electric Vehicle Plant in Tamil Nadu.VinFast is seeking a reduction in import duties on its cars for about two years, hoping to introduce Indian customers to its brand and its unit in Tamil Nadu.VinFast, the electric vehicle giant from Vietnam, has entered the Indian market to give Tesla a run for its money.The company has started constructing its Rs 16,000 crore electric vehicle manufacturing facility in Thoothukudi, Tamil Nadu. VinFast…

Vietnamese electric vehicle (EV) player VinFast on Sunday broke ground for its new integrated factory in Thoothukudi, Tamil Nadu and is looking to complete construction and start production in 15 months. The ground breaking ceremony took place in the presence of Tamil Nadu chief minister MK Stalin along with the senior representatives of the Vin group. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIIM KozhikodeIIMK Advanced Data Science…

In a bid to attract more Global Capability Centres (GCCs), Tamil Nadu government in its Budget has said it will incentivise the creation of high paying jobs in new GCCs by providing a payroll subsidy. The move is being lauded by industry watchers and experts as one that could potentially bolster Tamil Nadu to narrow the gap with other GCC hubs like Bengaluru and Hyderabad."I see this to be a brilliant move to bring the spotlight back on Tamil Nadu which has the unique distinction of having deep technology and domain…

AI roundup: In recent AI news, S&P Global Market Intelligence President Adam Kansler said that AI will not take our jobs but it may create a demand curve and we have to go a long way to fully understand the technology. On the other hand, Tamil Nadu is embracing the path of technological innovation and has announced an Artificial Intelligence Mission for the development of the state. Know more about what is happening in the world of AI today.S&P Global Market Intelligence highlighted how AI could create a demand…

Hundreds of workers at a manufacturing plant of Apple supplier Flex in India's Tamil Nadu state staged a one-day strike on Friday, demanding higher wages for the next three years and the recognition of a union.Many electronics manufacturers in India, including Foxconn and Pegatron, lack a union, while automobile factories have higher levels of organising, according to labour welfare workers.At Flex, unhappy over wages and policies, including tour allowances and medical leaves, all permanent workers, about 750, joined the…

Hundreds of workers at a manufacturing plant of Apple supplier Flex in India's Tamil Nadu state staged a one-day strike on Friday, demanding higher wages and the recognition of a union.Many electronics manufacturers in India, including Foxconn and Pegatron, lack a union, while automobile factories have higher levels of organising, according to labour welfare workers.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIndian School of…

Tata Group is in advanced talks with Taiwan's Pegatron to form a partnership to run an iPhone assembly plant the Indian company is building in the southern state of Tamil Nadu, two sources with direct knowledge of the matter said on Thursday.Tata is building the iPhone assembly plant in Hosur city, which will be its second such facility in the country. The move comes as Apple and its contract manufacturers are rapidly expanding their India operations.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Last Updated: January 09, 2024, 08:45 ISTVinFast Plans To Set Up EV Manufacturing Facility In Tamil Nadu.Vinfast will invest USD 2 billion to construct an integrated electric vehicle facility in Tamil Nadu. It plans to expand its dealership network across India.VinFast Auto Ltd, the Vietnamese electric vehicle (EV) manufacturer, has unveiled plans to establish an integrated electric vehicle facility in Tamil Nadu as part of its strategy to enter the world’s third-largest automobile market.The company is set to invest USD…

Hyundai To Invest Over Rs 6,000 Crore In Tamil Nadu.The Memorandum of Understanding (MoU) was formally signed during the inaugural ceremony of the Tamil Nadu Global Investors Meet 2024.Hyundai Motor India Limited (HMIL) has unveiled plans for a massive investment of Rs 6,180 crore in the state of Tamil Nadu.This announcement, made during the Tamil Nadu Global Investors Meet 2024, includes a dedicated Hydrogen Valley Innovation Hub in collaboration with IIT-Madras, according to the Economic Times.This move aligns with…

Curated By: Shahrukh ShahLast Updated: January 10, 2024, 13:40 ISTRoyal Enfield Shotgun 650. (Photo: Shahrukh Shah/News18) The expansion of work and investment in the state is expected to raise the employment rate, providing an overall 2,000 new job opportunities to the residents.The two-wheeler giant Royal Field is soon to invest Rs 3,000 crore in Tamil Nadu in the next 8 years. As per the details shared by the brand via official release, it has already signed a Memorandum of Understanding (MoU) with a state government,…