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Tata Motors PV Share Price Gains Over 2%; Starts Manufacturing at Panapakkam TN Unit, Evoque First Model

Written by: Team Angel OneUpdated on: 9 Feb 2026, 8:33 pm IST
Tata Motors Passenger Vehicles and JLR begin operations at the ₹9,000 crore Panapakkam plant in Tamil Nadu with Range Rover Evoque as the first vehicle.
Tata Motors PV Share Price Gains Over 2%; Starts Manufacturing at Panapakkam TN Unit, Evoque First Model
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Tata Motors Passenger Vehicles Ltd (TMPV) and its subsidiary Jaguar Land Rover Automotive Plc have commenced manufacturing operations at their new facility located at Panapakkam in Ranipet district of Tamil Nadu. 

Start of Operations at Panapakkam Facility 

The commencement of operations was announced on February 9, 2026. The Panapakkam unit represents the first phase of a greenfield manufacturing facility developed for producing passenger vehicles for Tata Motors Passenger Vehicles and Jaguar Land Rover.  

The first vehicle manufactured at the plant is the Range Rover Evoque, which has been produced locally for the Indian market. 

Inauguration and Investment Details 

The facility was inaugurated by the Chief Minister of Tamil Nadu M K Stalin along with N Chandrasekaran, Chairman of Tata Sons and Tata Motors Passenger Vehicles, in the presence of state industry officials.  

Tata Motors Passenger Vehicles has outlined a total investment of ₹9,000 crore for the development of the Panapakkam manufacturing unit. 

Read More: Tata Motors Set to Begin Assembling Range Rover Evoque Assembly at its Tamil Nadu Facility! 

Manufacturing Capabilities and Workforce 

The Panapakkam plant integrates automated manufacturing systems and a trained shopfloor workforce drawn from across Tamil Nadu.  

Employees at the facility are part of Tata Motors’ Lakshya programme, under which selected polytechnic graduates underwent 5 months of practical training at Jaguar Land Rover facilities before deployment. 

Production Capacity and Employment 

The facility has a designed annual production capacity of 2,50,000 vehicles for domestic and export markets.  

According to the company, the plant has the potential to generate over 5,000 direct and indirect employment opportunities and support the growth of ancillary suppliers in the region. 

Sustainability Features 

The Panapakkam unit has been designed with renewable energy usage, water positive operations and resource efficiency measures. Environmental considerations have been integrated into manufacturing processes in line with internal sustainability guidelines. 

Tata Motors Passenger Vehicles Share Price Performance 

As of February 09, 2026, at 2:48 PM, Tata Motors Passenger Vehicles share price on NSE was trading at ₹377.15 up by 2.07% from the previous closing 

Conclusion 

The start of manufacturing at Tata Motors Passenger Vehicles’ Panapakkam facility marks the operational launch of a new automotive production unit in Tamil Nadu, with the Range Rover Evoque being the first model produced. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Feb 9, 2026, 3:03 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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