Chandigarh: The Tata Technologies on Wednesday offered to set up its Electric Vehicle (EV) production centre in Punjab in an initiative aimed at giving fillip to industrial development of the state and opening new vistas of employment for youth. A delegation of the Tata Technologies called on the Punjab Chief Minister Bhagwant Mann here at his official residence.
The delegation comprising Global CEO Tata Technologies Warren Harris, President Global HR and IT Pawan Bhageria and others evinced keen interest to set up the unit in the state with a current investment of Rs 250 crore and future investment of Rs 1,600 crore.
The delegation said it will lay thrust on development of Micro, Small and Medium Enterprises in the EV segment with a focus on cleaner mobility and creating jobs for the youth in Punjab.
The visiting delegation opined that the company will also ensure skill development of youth in the state.
The chief minister welcomed the initiative and assured fulsome support and cooperation to the Tata Technologies for the project.
The CM said the state government has already been roping in more industrial tycoons from across the country to set up their ventures in the state.
Meanwhile, it was also decided in the meeting that Shaheed Bhagat Singh Nagar based Lamrin Tech Skills University would collaborate with IBM, Tata Technologies and Ansys Corporation for setting up high-end technology labs through Innovation Centre for Education with the investment of Rs 602 crore.