-8.95 (-2.61%) Tata Motors is looking to establish vehicle scrappage centres under a franchise set up with the first one expected to become operational in the first quarter of the next fiscal.
The company earlier this year had joined hands with the Gujarat government to support setting up of a vehicle scrappage facility at Ahmedabad in Gujarat.
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.