Tata Motors' R&D spend jumps 45% in FY24
Increased spending on R&D comes as Tata Motors focuses on extending its electric vehicle product range, developing flex-fuel powertrain, fuel cell EV and Hydrogen ICE
Increased spending on R&D comes as Tata Motors focuses on extending its electric vehicle product range, developing flex-fuel powertrain, fuel cell EV and Hydrogen ICE
The net debt of automotive division in India fell to ₹3,500 crore in December from ₹20,487 crore in March 2022.
The MoU envisages an investment of around ₹9,000 crore over five years.
While there are limited synergies between CV and PV businesses, there are considerable synergies to be harnessed across PV, EV and JLR, says Tata Motors
Around 50% of long-haul trucks sold in India come without cabins.
The price hike comes weeks after India's largest commercial vehicle company hiked prices of its model range in October.
It is not only about electric vehicles, it is about every new technology that can drive this change to deliver zero carbon emissions, says Tata Sons chairman.
Tata Motors' revenue surged 29.7% to ₹79,600 cr against ₹61,378.82 cr in year-ago period; to delist its ADS from NYSE after January 2023, terminate ADS program.