4.20 (1.24%) Tata Hitachi Construction Machinery Company, a joint venture company between Tata Motors and Hitachi Construction Machinery of Japan, is strengthening its product portfolio to achieve a topline of Rs 4,800-5,000 crore by FY24, buoyant by growing mining and infrastructure sectors.
The company had clocked a revenue of around Rs 4,000 crore in the financial year 2021-22, despite subdued demand due to COVID-induced headwinds.
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.