Tata Motors Passenger Vehicles Ltd.

Tata Motors will reportedly invest more than Rs 40 billion ($625 million) to boost sales of its passenger vehicles (PV) and commercial vehicles (CV). The company has committed to invest Rs 25 billion in its passenger vehicles unit, and will pump in more than Rs 15 billion in its commercial vehicles business this year and annually over coming years.

Tata Motors is India's largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.