Monday, November 16, 2009 3:22 PM by
CarWale Team
The Michelin Group and Tamil Nadu government have signed a Memorandum of Understanding (MoU) for Michelin’s tyre manufacturing plant, 50km north of Chennai at Thervoy Kandigai in Thiruvallur district. With a committed investment of Rs. 4,000 crores, the plant will be spread over an area of 290 acres and will absorb 1,500 workers locally.
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