Tata Motors Passenger Vehicles Ltd.

BSE: 500570 | NSE: TMPV
Large Cap | Automobiles - Passenger Cars
333.00
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Tata Motors to invest Rs 28,900 crore in domestic business, JLR in FY22

Date: 31-07-2021

Tata Motors group is planning to invest Rs 28,900 crore across its domestic business and JLR in 2021-22 and is also investing on development of hydrogen fuel cell vehicles. The company will also look to raise capital separately for its electric vehicles (EV) business at an appropriate time.

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.