Mahindra World City Developers to invest Rs 1k crore in Tamil Nadu financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Mahindra World City Developers Limited (MWCDL) has inked a Memorandum of Understanding (MoU) with the Government of Tamil Nadu to invest over Rs 1,000 crore in the next five years. This investment, centered around the launch of Origins by Mahindra – Phase II at Eliambedu village in Chennai, is expected to create employment opportunities for more than 2,000 people in the state.
Japanese diesel engine group Yanmar has begun commercial production at its industrial engine plant located near here.The new plant owned by Yanmar Engine Manufacturing India will produce 80,000 units of 15kW to 37kW class of industrial engines .