Tata targets $100bn auto revenue by FY2031 as Tata Motors demerger reshapes mobility play
Post-demerger, Tata Group eyes $100bn auto revenue by FY2031, split across JLR ($45-50bn) and CV (~$40bn). Plans include ₹4 trillion domestic investment, 20bn euro UK spend, six new PV models, Agratas battery localization, and PV market share expansion from 14.2% to 20% with ~45% EV mix.
Tata Group targets $100 bn auto revenue by FY2031 post Tata Motors demerger, with heavy investment in EVs, battery localization via Agratas, six new PV models, and PV market share expansion to 20%.