Tata targets $100 bn auto business in 5 years, eyes 20% PV share
At the Tata Motors PV AGM, Chairman Chandrasekaran outlined a plan to grow the group's auto business to USD 100 bn by FY31, split between USD 60 bn PV and USD 45-50 bn JLR. Targets include 20% PV market share, 40-45% EV share, Rs 40,000 crore domestic capex and GBP 20 bn JLR capex.
At Tata Motors PV AGM, Chairman Chandrasekaran outlined plans to grow the auto business to USD 100 bn in five years, targeting 20% PV market share, 40-45% EV share, and major domestic and JLR capex investments.