Tata Motors Passenger Vehicles Ltd.

Tata Motors will reportedly invest $1 billion in the passenger vehicle business in coming three years as the average growth spurs demand for newer cars.

The company is planning to include new manufacturing lines in Pune whereas in Sanand the new modular platforms for Omega and Alfa to be built in the next five years. Both of these platforms are likely to churn out dozen of new models. A manufacturing line is already being installed in Pune plant to manufacture the Q5 range of SUVs which will be rolling out by end of the year.

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.