Anand Group to invest Rs 987 crore in Tamil Nadu
Tier 1 supplier Anand Group announced that it will invest Rs 987 crore in Tamil Nadu at the Global Investors Meet 2024. The MoU was signed in the presence of the Chief Minister of Tamil Nadu, M. K. Stalin.
The investment under this MoU will be made by Anand Group and its Joint Venture Partners: Inalfa Gabriel Sunroof Systems, HL Mando ANAND India, Gabriel India, HL Klemove, and ANAND Mando E-Mobility.
The company says the strategic move is aligned its commitment to leverage advanced technology to meet the growing demand for both electric vehicles (EVs) and Internal Combustion Engine (ICE) vehicles in the country.
