<h1>Automaker to invest Rs 3,250 crore in local plant for new engine lineup, 235,000 annual capacity, 600+ jobs</h1> An automaker announced a Rs 3,250 crore investment at its Chennai plant to produce a new generation engine lineup, pursuant to a memorandum of understanding with the state government that outlines strategic manufacturing and export plans; site work and investment will begin later this year with production targeted for 2029 and planned capacity of 235,000 engines annually. The project, following a prior letter of intent, is expected to create over 600 direct jobs and additional indirect employment. The company previously ceased local vehicle manufacturing in 2021 and retains a broader operations presence in the state.