#vibrantgujaratglobalsummit #budget2024 #pmmodi #tatagroup #businessnews
Tata Sons Chairman N Chandrasekaran highlighted Tata Group's deep roots in Gujarat during the Vibrant Gujarat Summit 2024. He praised the state's consistent progress under Prime Minister Narendra Modi's visionary leadership. Chandrasekaran emphasized the group's special connection with Gujarat, tracing back to its origins in Navsari. Currently employing over 50,000 people in the state, Tata Group has committed to significant expansions. This includes Sanand becoming a hub for electric vehicle technology, with plans for a 20 GW lithium-ion battery giga factory. The group is also involved in building the C295 defence aircraft in Vadodara and Dholera, as well as a semiconductor fab in Dholera. Additionally, Tata Group is partnering with the Indian and Gujarat governments to establish a skills institute focusing on advanced manufacturing, EV, advanced electronics, and hospitality, set to launch in March 2024. Chandrasekaran views Gujarat as a crucial destination for both business growth and the development of future advanced technology industries in India.
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