Tata Motors Passenger Vehicles Ltd.

Tata Motors has resumed operations across all its manufacturing plants in the country with Jamshedpur facility also getting approval on May 27, 2020. Around 59 percent of company's passenger vehicle showrooms, covering 69 percent of the retail market, have commenced operations. From supply side, 90 percent of suppliers in commercial vehicle segment have received permissions to commence. Of the lot, only 60 percent have been able to start supplies.

To further shore up the liquidity, the company has issued commercial papers of Rs 3,500 crore and also raised Rs 1,000 crore through non-convertible debentures (NCDs). 

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.