TN CM Stalin inaugurates new battery test lab in Mahindra Research Valley

TAGS

In a significant step towards boosting the green economy, Chief Minister of Tamil Nadu M.K Stalin today inaugurated the new Battery Test Lab in Mahindra Research Valley, Chengalpattu district. The state-of-the-art lab, a Rs. 210 crore investment by Mahindra & Mahindra Limited, has created over 1000 jobs.

This lab stands as an emblem of the state’s commitment to fostering innovation in sustainable technologies. On the same occasion, the Chief Minister laid the foundation stone for the upcoming EV Crash Test Lab. This facility, slated for construction in the Mahindra SUV Proving Track at the SIPCOT Cheyyar Industrial Park, Tiruvannamalai District, is another significant investment of Rs. 290 Crore.

See also  BPCL, GAIL sign Rs 63,000cr propane supply deal for India's petrochemical growth

The new lab and upcoming test facility are crucial components of the Tamil Nadu government’s roadmap to create a trillion-dollar economy by 2030. With multi-dimensional development schemes in place, the government is committed to creating over a lakh jobs and strengthening the state’s economic foundation.

The collaboration with Mahindra & Mahindra Limited, an established multinational automotive manufacturing corporation, is part of this ambitious plan. The Mahindra Research Valley (MRV) R&D facility was established in 2012 and has been a beacon of innovation, launching several new vehicle models.

See also  Hindustan Foods acquires sports shoe unit in Haryana to expand market reach

As per a Memorandum of Understanding signed in July 2022, Mahindra and Mahindra Ltd committed to making an additional investment of Rs. 500 crores within four years from April 2022, creating at least 850 jobs.

Following this commitment, the company has proposed additional investments of Rs. 210 crore in Mahindra Research Valley, Rs. 290 crore in Mahindra SUV Proving Track, and Rs. 12 crore in their Information Technology Facility in Coimbatore. The inauguration of the Battery Test Lab, and the laying of the foundation stone for the EV Crash Test Lab, are the first major steps towards fulfilling this commitment.

See also  Shocking betrayal or bold move? Ajit Pawar shakes up Maharashtra politics

With Tamil Nadu leading in the production of automobiles and spare parts, such developments in research and development capabilities will further consolidate the state’s industrial growth and commitment to a greener economy.

CATEGORIES
TAGS
Share This