Ratan Tata Building A New City In Tamil Nadu; Will Create More Jobs Than Jamshedpur - Agency Report
Ratan Tata Building A New City In Tamil Nadu; Will Create More Jobs Than Jamshedpur - Agency Report
Hosur, a rapidly developing city in Tamil Nadu, is being hailed as the new Tatanagar, drawing comparisons to Jamshedpur in Jharkhand. Jamshedpur, known as India’s most well-planned industrial city, was built by the Tata Group and has been synonymous with steel production. Similarly, Hosur is now emerging as a major industrial hub, but with a broader focus that goes beyond a single industry.
Tata Electronics: Driving Hosur’s Industrial Growth
The transformation of Hosur began in 2020 when Tata Electronics set up a plant in the nearby Thimijapalli village. This facility is the only one in India that assembles iPhone enclosures, and it is set to become the largest employer in the region. As part of its expansion, Tata Electronics is adding two new units and constructing housing for its employees, further solidifying Hosur’s position as a key industrial center.
Tamil Nadu’s Industries Minister, T.R.B. Raja, has highlighted Hosur’s potential to surpass Jamshedpur in terms of development. The city’s growth is not limited to manufacturing alone. With significant infrastructure projects underway, Hosur is also being positioned as an IT hub, thanks to its proximity to Bengaluru, just 40 kilometers away.
A Multi-Sector Growth Story
While Jamshedpur’s development has been closely tied to steel production, Hosur’s growth is more diversified. The city’s strategic location near Bengaluru, combined with its modern infrastructure, is attracting investments in various sectors, including technology and electronics. This multi-sector focus is expected to give Hosur an edge over Jamshedpur, enabling it to grow at a faster pace and cater to a wider range of industries.
The Future of Hosur: A Modern Industrial Hub
As Apple reduces its dependence on China, it is partnering with Tata Electronics and Foxconn to boost production in India. This partnership is likely to further accelerate Hosur’s growth, making it a critical player in India’s industrial landscape. The city’s development is a testament to the vision of creating a modern, multi-faceted industrial hub that can adapt to the evolving needs of global companies.
With its robust infrastructure, strategic partnerships, and multi-sector growth, Hosur is well on its way to becoming a new-age industrial powerhouse, much like Jamshedpur in its time, but with the added advantage of diversity in its economic base.