Tata Motors targets $100bn automotive business by FY31, commits Rs 40,000 crore to India
Tata Motors has laid out a five-year plan to build a $100 billion automotive business, pledging Rs 40,000 crore to its India PV arm and 20 billion pounds to JLR. It aims to hold a 40-45% EV market share (currently 42%) as the company splits into separate listed entities.
Tata Motors targets $100 billion automotive business over five years, committing Rs 40,000 crore to India PV business and 20 billion pounds to JLR, aiming to retain 40-45% EV market share amid demerger into separate listed entities.