Tata Motors to demerge automotive business into CV and PV entities, enhancing focus and capitalizing on growth opportunities.
Tata Motors plans to demerge its automotive business into two separate listed entities, one focusing on commercial vehicles (CV) and the other on passenger vehicles (PV), including electric vehicles and Jaguar Land Rover. This reorganization is intended to improve the company's focus and agility to capitalize on growth opportunities in the CV market globally, while also securing synergies across PV, EV, and JLR divisions.
June 02, 2024
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