Tata Motors Passenger Vehicles Ltd.

Tata Motors has spent Rs 15,339 crore on Research and development (R&D) operations in the financial year (FY2022). This is one of the highest in the Indian automotive space. The company spent 5.5 percent of its overall turnover.    

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.