75 ancillaries of Tata Motors coming up in Pantnagar

Other auto majors like and are also setting up shop.
 
Tata Motors' Nano might have gone to West Bengal's kitty. But in Pantnagar, where the manufacturing of the Nano was originally planned, the company's ancillaries have now turned out to be a big boon for auto majors.
 
Tata Motors, which is establishing its new Ace manufacturing facility with an investment of Rs 1,000 crore, is also helping nearly 75 ancillaries to set up shop. So far, nearly 63 ancillaries have been given industrial plots.
 
All these ancillaries of Tata Motors will be setting up their units in Pantnagar with a total investment of over Rs 800 crore at the 1,000 acre plot, where the company is setting up its ace unit.
 
With such big ancillaries of the Tatas coming up, other auto majors like and are setting up shop in Pantnagar, a small township of the Kumaon region, which is now fast emerging as a major auto hub of the country.
 
Officials say they keep getting inquiries from auto about the availability of industrial plots in Pantnagar. They are hopeful that Tata Motors might start some big work other than manufacturing the Ace.
 
They do not rule out the possibility of some parts of the Nano being produced in Pantnagar.
 
"There is always a distinct possibility of this happening," said a top official of State Industrial Development Corporation of Uttarakhand Ltd (SIDCUL).
 
Among the top ancillaries that are setting up units, RSB Transmission is investing Rs 65 crore in its facility. Bajaj Motors Ltd is setting up its unit with an investment of Rs 35 crore, Delphi TVS Diesel System with Rs 38 crore and New Allenberst Works Ltd with Rs 47 crore.
 
Ashok Leyland, the flagship company of Hinduja Brothers, is doubling its investment to Rs 2,000 crore from Rs 1,000 crore at Pantnagar. The company will be manufacturing 40,000 vehicles per year.
 
The Pantnagar industrial estate has also attracted an investment of Rs 500-600 crore from Bajaj Auto, which will establish a manufacturing unit for producing motorbikes. is expected to produce 3,000 bikes per day.

 

image
Business Standard
177 22
Business Standard

75 ancillaries of Tata Motors coming up in Pantnagar

Shishir Prashant  |  New Delhi/ Dehra Dun 



Other auto majors like and are also setting up shop.
 
Tata Motors' Nano might have gone to West Bengal's kitty. But in Pantnagar, where the manufacturing of the Nano was originally planned, the company's ancillaries have now turned out to be a big boon for auto majors.
 
Tata Motors, which is establishing its new Ace manufacturing facility with an investment of Rs 1,000 crore, is also helping nearly 75 ancillaries to set up shop. So far, nearly 63 ancillaries have been given industrial plots.
 
All these ancillaries of Tata Motors will be setting up their units in Pantnagar with a total investment of over Rs 800 crore at the 1,000 acre plot, where the company is setting up its ace unit.
 
With such big ancillaries of the Tatas coming up, other auto majors like and are setting up shop in Pantnagar, a small township of the Kumaon region, which is now fast emerging as a major auto hub of the country.
 
Officials say they keep getting inquiries from auto about the availability of industrial plots in Pantnagar. They are hopeful that Tata Motors might start some big work other than manufacturing the Ace.
 
They do not rule out the possibility of some parts of the Nano being produced in Pantnagar.
 
"There is always a distinct possibility of this happening," said a top official of State Industrial Development Corporation of Uttarakhand Ltd (SIDCUL).
 
Among the top ancillaries that are setting up units, RSB Transmission is investing Rs 65 crore in its facility. Bajaj Motors Ltd is setting up its unit with an investment of Rs 35 crore, Delphi TVS Diesel System with Rs 38 crore and New Allenberst Works Ltd with Rs 47 crore.
 
Ashok Leyland, the flagship company of Hinduja Brothers, is doubling its investment to Rs 2,000 crore from Rs 1,000 crore at Pantnagar. The company will be manufacturing 40,000 vehicles per year.
 
The Pantnagar industrial estate has also attracted an investment of Rs 500-600 crore from Bajaj Auto, which will establish a manufacturing unit for producing motorbikes. is expected to produce 3,000 bikes per day.

 

RECOMMENDED FOR YOU

75 ancillaries of Tata Motors coming up in Pantnagar

Other auto majors like Bajaj Auto and Ashok Leyland are also setting up shop.
Other auto majors like and are also setting up shop.
 
Tata Motors' Nano might have gone to West Bengal's kitty. But in Pantnagar, where the manufacturing of the Nano was originally planned, the company's ancillaries have now turned out to be a big boon for auto majors.
 
Tata Motors, which is establishing its new Ace manufacturing facility with an investment of Rs 1,000 crore, is also helping nearly 75 ancillaries to set up shop. So far, nearly 63 ancillaries have been given industrial plots.
 
All these ancillaries of Tata Motors will be setting up their units in Pantnagar with a total investment of over Rs 800 crore at the 1,000 acre plot, where the company is setting up its ace unit.
 
With such big ancillaries of the Tatas coming up, other auto majors like and are setting up shop in Pantnagar, a small township of the Kumaon region, which is now fast emerging as a major auto hub of the country.
 
Officials say they keep getting inquiries from auto about the availability of industrial plots in Pantnagar. They are hopeful that Tata Motors might start some big work other than manufacturing the Ace.
 
They do not rule out the possibility of some parts of the Nano being produced in Pantnagar.
 
"There is always a distinct possibility of this happening," said a top official of State Industrial Development Corporation of Uttarakhand Ltd (SIDCUL).
 
Among the top ancillaries that are setting up units, RSB Transmission is investing Rs 65 crore in its facility. Bajaj Motors Ltd is setting up its unit with an investment of Rs 35 crore, Delphi TVS Diesel System with Rs 38 crore and New Allenberst Works Ltd with Rs 47 crore.
 
Ashok Leyland, the flagship company of Hinduja Brothers, is doubling its investment to Rs 2,000 crore from Rs 1,000 crore at Pantnagar. The company will be manufacturing 40,000 vehicles per year.
 
The Pantnagar industrial estate has also attracted an investment of Rs 500-600 crore from Bajaj Auto, which will establish a manufacturing unit for producing motorbikes. is expected to produce 3,000 bikes per day.

 
image
Business Standard
177 22
Widgets Magazine

More News

  • Premier Futsal to spend Rs 45 crore on marketing in debut year Premier Futsal to go global in season-2
  • Canada Pension Plan hikes stake in Kotak Mahindra Bank CPPIB gets RBI nod to hike stake in Kotak Mahindra Bank
Widgets Magazine
Widgets Magazine

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard