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Ceat To Invest Rs 4000 Cr For New Manufacturing Unit In Tamil Nadu
2018-07-20 Announcements Transport Equipment Southern India
CEAT Limited announces the signing of Memorandum of Understanding (MoU) with Government of Tamil Nadu for setting up of a manufacturing facility at Sriperumbudur Taluka, Kanchipuram District in Tamil Nadu, with an investment of Rs 4000 Crores in a phased manner over a period of 10 years. Under the MoU, the Tamil Nadu Government has agreed to offer various incentives to the company.