Autoliv Inc., a fortune 500 company headquartered in Sweden, is setting up its manufacturing plant in Tamil Nadu at an investment of ₹100 crore.
The project is expected to create jobs for over 400 people.
In December last, the State government inked a deal with Ola Electric Mobility for setting up an electric two-wheeler manufacturing unit at Hosur at an investment of ₹2,354 crore.