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Hyundai Motor India to establish Hydrogen Innovation Centre at IIT-Madras

The investment of Rs 180 crore has been earmarked towards the development and construction of the facility.

August 21, 2024 / 17:28 IST
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During the Tamil Nadu Investment Conclave held earlier in the day in the city, Chief Minister M K Stalin laid the foundation stone for the facility, which is to come up on a 65,000 sq ft plot of land at the Thaiyur campus of IIT Madras, located on the outskirts of Chennai.

Automaker Hyundai Motor is set to establish a dedicated Hydrogen Innovation Centre at an investment of Rs 180 crore at the Thaiyur campus of Indian Institute of Technology, Madras for research in hydrogen technology.

During the Tamil Nadu Investment Conclave held earlier in the day in the city, Chief Minister M K Stalin laid the foundation stone for the facility, which is to come up on a 65,000 sq ft plot of land at the Thaiyur campus of IIT Madras, located on the outskirts of Chennai.

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The investment of Rs 180 crore has been earmarked towards the development and construction of the facility.

The partnership between Hyundai Motor India Ltd., State government backed investment promotion agency Guidance Tamil Nadu and IIT Madras aims to accelerate hydrogen ecosystem development and adoption in the country.