Tata aims for $100B from auto by 2031
The article "Tata" reveals its plan to achieve annual revenues close to $100 billion from the automotive sector by 2031. The major Indian company is aiming to expand its global presence, particularly through restructuring its operations by separating the passenger car division from the commercial vehicle sector, in order to enable faster growth and more flexible decision-making. The plan projects that Jaguar Land Rover will generate revenues between $45 billion and $50 billion, while the commercial vehicle division is expected to reach around $40 billion, with significant growth in electric vehicles and smart technologies. This comes within the framework of Tata's strategy to strengthen its position in the global automotive market and to keep pace with the shift towards sustainable mobility.
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