Chennai, Aug 13: The Hinduja Group – a 111-year-old transnational conglomerate, announced plans to invest INR 2,500 crore in Tamil Nadu. The investment will span across the group’s businesses including renewable energy, electric mobility, automotive, financial services, energy, battery charging infrastructure and digital mobility solutions.
As part of the commitment, Mr. Amit Saharia, Group President – Strategy, Hinduja Group signed a Memorandum of Understanding with Mr. Deepak Jacob, IAS, MD & CEO, Guidance Industries, Investment Promotion and Commerce Department, Government of Tamil Nadu in the august presence of Hon’ble Chief Minister of Tamil Nadu – Thiru C. Joseph Vijay, Mr. Ashok Hinduja, Chairman of Hinduja Group of Companies, Mr. Dheeraj Hinduja, Chairman, Ashok Leyland, Selvi S. Keerthana, Minister for Industries, Investment Promotion and Commerce, Government of Tamil Nadu, Dr. S. Vijayakumar, IAS – Additional Chief Secretary to Government, Industries, Investment Promotion and Commerce Department, Government of Tamil Nadu and other senior dignitaries.
A key component of the commitment will be the development of 200 MW+ renewable energy projects by Hinduja Renewables Energy Private Limited , spanning solar, wind and battery technologies. The Group will seek land and connectivity support in identified catchment areas, including Tirunelveli, Thoothukudi and Virudhunagar, Madurai and Coimbatore as it works towards developing these projects.
In the mobility space, OHM Global Mobility Limited will operationalise electric buses for public transport in Tamil Nadu and expand its mobility solutions value chain. The Group will also explore opportunities across automotive, financial services, energy, battery charging infrastructure and digital mobility solutions as part of its broader investment commitment to the state.
Mr. Ashok Hinduja, Chairman, Hinduja Group of Companies (India), said,
“Our ₹2,500 crore commitment is a statement of our confidence in Tamil Nadu and our desire to participate in its next phase of growth. With its strong industrial base, talent and renewable energy potential, Tamil Nadu is well positioned to lead India’s energy and mobility transition. We look forward to building on our long-standing association with the state and working with the Government of Tamil Nadu to create lasting value through investments in clean energy, electric mobility and other emerging opportunities.”
The proposed investment reflects the Hinduja Group’s long-standing presence in Tamil Nadu and its growing focus on clean energy and new mobility. The Group’s businesses in the state include Ashok Leyland, Gulf Oil India, Hinduja Leyland Finance, Hinduja Housing Finance, Switch Mobility, Ohm Mobility, Gro Digital and Hinduja Tech, among others.
The latest commitment also builds on the Hinduja Group UK’s ₹7,500 crore MoU signed with the Government of Tamil Nadu in September 2025 for investments in the state’s EV ecosystem, spanning battery manufacturing, battery energy storage systems and charging infrastructure. In March 2026, Ashok Leyland broke ground for a ₹500 crore greenfield battery pack manufacturing facility at Pillaipakkam near Chennai, further strengthening the state’s electric mobility supply chain.
Tamil Nadu’s strong industrial base, skilled talent, manufacturing capabilities and entrepreneurial ecosystem position the state well to play an important role in India’s energy transition and the evolution of new mobility. The Hinduja Group looks forward to working closely with the Government of Tamil Nadu to take forward this commitment and contribute to the state’s sustainable growth.