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Tata Motors Group boosts FY25 investment for new products and tech | Hindustan Dot
Business

Tata Motors Group boosts FY25 investment for new products and tech

As the Tata Motors group is ambitiously conducting itself, it increases the investment planning to Rs 43,000 crore in 2025 (FY25). Developing new products as well as technologies will be the target, and Britain’s subsidiary, Jaguar Land Rover, will receive the highest financing among all parts

In contrast with the FY24 guidance of Rs 38,000 Cr, the group’s upcoming fiscal year will witness a much higher investment commitment. Tata Motors Group’s CFO PB Balaji has expressed that the actual investment of FY 24 rates near about Rs. 41,200 crops just after the first estimation.

For FY25, the group estimates a detailed investment of around 3. 5 billion pounds (2%). This is almost Rs 35,000 crore, while Tata Motors, solely responsible for JLR, is estimated to be below Rs 8000 crore. The strategic allocation indicates our intention to remain an all-time leader in the rapidly changing reality of the automobile sector.

JLR CFO Richard Molyneux stressed the company’s new vehicle launch program, which includes the exciting Range Rover BEV. The BEV is designed to combine power, silence, and the serene experience, a feature of the iconic Range Rover brand.

The Tata Motors group’s reasonably impacted performance in the second half indicates that the company is firm in its commitment to fortifying its global presence while catering to its customers’ changing needs.

Source
News18

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