25-April-2024
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Tata Motors to invest Rs 28,900 crore in domestic business, JLR in FY22: N Chandrasekaran
31-Jul-2021

Tata Motors group will invest Rs 28,900 crore across its domestic business and JLR in 2021-22 and is also investing on development of hydrogen fuel cell vehicles, company Chairman N Chandrasekaran said on Friday. The company will also look to raise capital separately for its electric vehicles (EV) business at an appropriate time. It is looking to have 25 per cent of its sales coming from EVs in the medium to long term, up from 2 per cent at present, he said while addressing the company's virtual AGM.

News Source:- https://economictimes.indiatimes.com/industry/auto/auto-news/tata-motors-to-invest-rs-28900-crore-in-domestic-business-jlr-in-fy22-n-chandrasekaran/articleshow/84894457.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23