4.20 (1.24%) Tata Motors' supply chains have got impacted due to the recent lockdowns in China as its suppliers are unable to deliver products and it could be forced to stop production in some or all of its plants if it is unable to ensure the supply of critical parts from the country.
The homegrown auto major has apprehensions that the ongoing global semiconductor shortage may impact it more pronouncedly than its competitors, who may have a greater level of buying power with suppliers or have a different range of features in their vehicles that are dependent on semiconductors.
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.