Tata Motors group has increased its investment outlay for FY25 to Rs 43,000 crore, with a significant portion allocated to its British arm, Jaguar Land Rover (JLR). In FY24, the company had initially planned for a 3 billion pound investment for JLR and Rs 8,000 crore for Tata Motors, totaling about Rs 38,000 crore. However, the actual investment in FY24 exceeded expectations, reaching around Rs 41,200 crore. For FY25, JLR's investment is expected to rise to around 3.5 billion pounds (approximately Rs 35,000 crore), with Tata Motors maintaining a similar investment level of around Rs 8,000 crore.
from Auto-Industry-Economic Times https://ift.tt/d5DeaMl
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