Tata Motors to invest Rs28,900 cr : The Tribune India

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Tata Motors to invest Rs28,900 cr

Tata Motors to invest Rs28,900 cr


New Delhi, July 30

Tata Motors will invest Rs 28,900 crore across its domestic business and JLR in 2021-22 and is also investing on development of hydrogen fuel cell vehicles, chairman N Chandrasekaran said today.

It will also look to raise capital separately for its electric vehicles business. The company is eyeing 25% sales from EVs in the medium to long term, up from 2% at present, he said at the company’s virtual AGM. — PTI


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