12 Nov 2026 | 5 Mins Read

Two auto companies pledge Rs 1,370 crore investment in Tamil Nadu

Flipitmoney

Hwashin Automotive India and Seoyon E-Hwa Summit Automotive India have committed a total investment of Rs 1,370 crore in Tamil Nadu, refuting rumours of industrial projects shifting to Andhra Pradesh. Hwashin will invest Rs 850 crore and Seoyon Rs 520 crore over five years for R&D, technology upgrades, skill enhancement, and business development in the state.