Company updateBusiness Standard
Two South Korean auto firms plan ₹1,370 crore investment in Tamil Nadu
Positive+162 sources
GreyOak summary
Hwashin Automotive India Ltd and Seoyon E-Hwa Summit Automotive India Ltd plan a combined ₹1,370 crore investment in Tamil Nadu over the next five years. This decision reaffirms their commitment to the state's industrial ecosystem despite recent reports suggesting a shift to Andhra Pradesh.
What it affects
- AutoPositive +16
Two firms plan ₹1,370 crore investmentRolling sentiment Positive +28
