Tata Motors Limited is an Indian multinational automaker that is a member of the Tata Group. Here’s an extensive overview:
Overview
- Established: 1945.
- Headquarters are located in Mumbai, India.
- Automotive Industry
- Vehicles include passenger cars, commercial trucks, electric cars, and luxury cars.
- Tata, Jaguar Land Rover (JLR), Tata Daewoo, and other brands.
Important Segments
- Passenger automobiles include hatchbacks, sedans, SUVs, and electric vehicles. The Tata Nano, Tata Harrier, and Tata Nexon are among the company’s most well-known vehicles.
- Commercial Vehicles: This category encompasses trucks, buses, and vans. Tata Motors is a major player in the Indian commercial vehicle market.
- Luxury Vehicles: Tata Motors sells luxury automobiles and SUVs through Jaguar Land Rover.
Future Perspectives
- Tata Motors’ growth strategies include expanding its global reach, improving its product portfolio, and strengthening its position in the electric car industry.
- Challenges include fluctuating raw material costs, regulatory changes, and competitiveness in the automobile industry.
Contact information
- Tata Motors’ website
- Investor Relations: The investor relations part of their website contains the most recent financial reports and updates.
If you require specific information such as recent financial reports or stock performance.
Who is Tata Motors’ new CEO?
Marc Llistosella has been appointed as Tata Motors’ CEO and managing director, beginning July 1, 2021. Llistosella will succeed current CEO Guenter Butschek, who has declared his wish to transfer to Germany at the end of his tenure for personal reasons.
According to Business Standard, Tata Motors Ltd will break ground for the Jaguar Land Rover manufacturing facility in Tamil Nadu by September. This would be the first time a premium automobile has been constructed in India. The facility will be completely operational by late 2025 or early 2026, according to anonymous sources.
The corporation partnered with the Tamil Nadu government and secured about 400 acres of land near Panapakkam in Ranipet district. The site is advantageous because of its proximity to the ports of Chennai and Ennore.
According to some media reports, Jaguar Land Rover will only manufacture EVs, whilst Tata Motors will produce a diverse range of vehicles, including hybrids, at its Tamil Nadu plants.
In terms of component supply, Tata Motors will most likely rely on the supply networks of Hyundai Motor India (HMIL) and Renault Nissan Automotive India, as well as some of its own. According to the Business Standard, the state government would offer the ecosystem, as stated by original equipment manufacturers (OEMs) and vendors.
A typical greenfield project in this sector will take 12-18 months to commission. According to sources, this project is expected to be completed by late 2025 or early 2026.
M K Stalin, the chief minister of Tamil Nadu, is expected to lay the foundation stone.
The manufacturing unit will join the ₹18,000 crore Chennai-Bengaluru Industrial Corridor, one of India’s five future mega-industrial corridors, according to the article. The Bengaluru-Chennai Expressway and the Bengaluru-Chennai Dedicated Freight Corridor are two important infrastructure projects that will improve connectivity along the corridor.
Jaguar Land Rover’s manufacturing plant in Pune now assembles completely knocked-down (CKD) units of the Range Rover Velar, Range Rover Sport, Evoque, Jaguar F-PACE, and Land Rover Discovery Sport.
In March, the company filed a regulatory filing announcing a ₹9,000 crore investment from the Tamil Nadu government over five years. According to a Mint report from March 13, it is expected to help create up to 5,000 direct and indirect jobs.
What is the target pricing for Tata Motors in 2024?
Tata Motors Share Price Target: 2024, 2025, 2026, 2027, 2028, and 2030. Tata Motors’ share price is anticipated to reach ₹1059.02 in 2023, ₹1059.02 in 2024, ₹1096.50 in 2025, ₹1144.50 in 2026, ₹1171.50 in 2027, ₹1316.50 in 2028, and ₹1721.50 by 2030.
What are Tata’s sales in 2024?
Tata Motors Limited’s domestic and overseas sales in Q1 FY 2024-25 were 229,891 automobiles, compared to 226,245 units in Q1 FY 2023-24. Domestic MH&ICV sales in June 2024 were 14,640 units, compared to 14,427 units in June 2023; in Q1 FY25, it was 40,349 units, up from 35,188 units in Q1 FY24.
