Support: +91-22-61011756 / help@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

Autoliv Inc to set up manufacturing plant in Tamil Nadu

Wednesday, 13 Jan 2021
Share this on :
Autoliv Inc, an automotive safety supplier company headquartered in Sweden, is setting up its manufacturing plant in Tamil Nadu at an investment of Rs 100 crore. 
 
The company has bought land for the plant at Cheyyar in Tiruvannamalai district to make air-bags. The project is expected to create jobs for over 400 people. 
 
The company develops, manufactures and markets air-bags, seat belts and steering wheels. 
 
Statistically, more than three air-bags or seat belts from Autoliv have been delivered to every vehicle produced globally during the past 10 years. 
 
The automotive safety manufacturer was initially planning to set up this plant in Vietnam, but decided to go for Cheyyar after several rounds of discussions with officials of the state government.
 
The company found the ecosystem in the state conducive to manufacturing and saw it as a viable alternative to countries such as Vietnam, Thailand and the Philippines. 
 
The state government signed several memoranda of understanding for investments worth over USD two billion in the automotive industry alone in 2020. 
 
In 2020, Daimler India Commercial Vehicles expressed it will expand its portfolio with an investment of Rs 2,277 crore and generate jobs for 400 people, while Dinex, Netherlands-based company proposed a project to manufacture auto components at Mahindra World City, at a investment of Rs 100 crore. 
 
BYD India committed itself to establishing a project for manufacture of electric vehicles in the SIPCOT Industrial Park at Sriperumpudur. 
 
Apart from this, the state government inked a deal with Ola Electric Mobility for setting up an electric two-wheeler manufacturing unit at Hosur at an investment of Rs 2,354 crore in December 2020.
 
Post Your Comments
 
 
   
 

 

 
  
Sign up to start your trial access

Are you...



REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

User login
Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services