TCIL (Tinplate Company of India Ltd), a TATA Steel arm, announced investing an estimated INR 1,787 Crore to set up a manufacturing facility in Jamshedpur, Jharkhand. The company has signed a MoU (Memorandum of Understanding) with the Jharkhand Government for the same.
The facility, an expansion project, envisages the development of a 300,000 TPA (Tonnes Per Annum) manufacturing facility. It is anticipated to be operational by 2026 and will generate nearly 600 direct and indirect job opportunities.
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Through this project, TCIL aims to enhance its manufacturing capacities with advanced technology and automation. It will also contribute to bolstering Jharkhand’s industrial growth in the domestic and export markets.
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