Tata Motors plans ₹2.6 lakh crore capex for growth and EVs
pre-market1 source ↓written by the desknot a recommendation
- over the next
- ₹2.6 lakh crore
- for new products
- ₹40,000 crore
- in passenger vehicles
- 20% market share
Tata Motors and Jaguar Land Rover will invest ₹2.6 lakh crore over the next five years to enhance electrification and manufacturing capabilities. The India business will allocate ₹40,000 crore for new products and technology upgrades, aiming for a 20% market share in passenger vehicles. This strategic move may bolster investor confidence amid ongoing cost pressures.
Not investment advice. For informational purposes only.