TVS Motor and Sundaram Clayton together to invest Rs 800 crore

Investment will be sprent over in 3 years

India's leading two-wheeler company TVS Motor and Sundaram Clayton together planning to invest around Rs 800 crore in Tamil Nadu.

Speaking on the sidelines of Tamil Nadu Global Investors Meet at Chennai today Venu Srinivasan, chairman and managing director, TVS Motor and Sundaram Clayton said that Tamil Nadu is the best place to invest and has tremendous work force, great degree of industrial peace, trained graduate, very responsive government

Both the companies together would invest around Rs 800 crore over the next three years this will be increasing the two-wheeler capacity from 2 million to 2.5 million in Tamil Nadu. The investment will be on castings, plastic and aluminium casting and also on the BMW project.