It is fully geared up for the new tax regime and its vehicles will be available under the new prices with immediate effect.
Tata Group-owned British car maker Jaguar Land Rover announced on Wednesday that it had secured a 175 million (Rs 1,300 crore) from State Bank of India. This comes over and above the $90 million (Rs 420 crore) committed export financing facility with ABC International Bank, the company said.
JLR yet to decide on the exact location.
The race to become India's top luxury car company has heated up, with Tata Motors-owned Jaguar Land Rover (JLR) planning launches and local research and development (R&D) facilities to take on German rivals BMW, Audi and Mercedes.
The petrol powered luxury saloon, which is being made at the company' Pune plant, comes after the successful launch of locally produced diesel-powered Jaguar XJ 3.0L earlier this year.
Tata Indica, the Tata Group's big passenger car bet, was not delivering expected returns a year into its launch. Desperate, the Tata Motors brass, led by Ratan Tata, acceded to a meeting request from Ford Motors for a possible sale of the passenger vehicles division to the American auto major. Some people had advised Tata to sell the business, and the Ford officials came to Bombay House to hold talks.
Apple Inc's iPhones assembled in India achieved market revenues of Rs 162,000 crore. Tata Steel's revenue for the same period was Rs 162,324 crore.
It will also double employment at the site to around 1,400.
Tata Motors is hoping to beat its target year of 2030 and have 30 per cent of its portfolio comprising electric vehicles (EVs), according to Chairman N Chandrasekaran, who was speaking at the company's last annual general meeting (AGM) ahead if its demerger.
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JLR on Monday launched a new variant of Jaguar XF sedan for Rs 45.12 lakh
The company is banking on investments lined up for product development and other innovations.
Since price is a big stumbling block, the company is looking at assembly of Evoque in India.
The Tata Group is one of the very few Indian MNCs which has carved out a niche in China's highly competitive market, notes Rup Narayan Das.
This is not the first EV that Mercedes would be making in India though. It has been making the EQS sedan here for the last 18 months, and has sold 500 units of the car.
Tata Motors (TaMo) is aiming to gain market share across its passenger vehicle (PV) and commercial vehicle (CV) businesses - targeting a 40 per cent share in CVs and a 16 per cent share in PVs by 2027. Meanwhile, it has already achieved earnings before interest, tax, depreciation, and amortisation (Ebitda) breakeven in its electric vehicle (EV) business at 1.2 per cent (up 830 basis points), ahead of its target of 2025-26 (FY26).
Automotive (auto) major Tata Motors posted a 51 per cent drop in consolidated net profit for the January-March quarter (Q4) of 2024-25 (FY25), to Rs 8,470 crore, due to a deferred tax asset of almost Rs 9,000 crore in the corresponding quarter of the previous financial year and an exceptional item of Rs 566 crore during the quarter. Revenue was up just 0.5 per cent year-on-year (Y-o-Y) at Rs 1.18 trillion for Q4FY25.
Analysts believe Tesla will first focus on building the Model Y brand before expanding -- both in terms of volume and models.
'In the luxury car segment, the adoption of EVs is almost double compared to the mass market.'
The share of EVs in the luxury segment rose from 7 per cent in January-May 2024 to 11 per cent during the same period in 2025, marking a 66 per cent growth in the electric luxury segment.
Auto parts exports from India may see a slight slowdown as US President Donald Trump's 25 per cent tariff could increase car prices for buyers by 8-25 per cent, thereby affecting demand, experts believe.
"Like Russia and China, JLR would be exploring the Indian market also. A team will be coming to India to study the market," Tata Motors Managing director Ravi Kant told analysts in a conference call. He, however, said the company was not expecting big numbers from the two brands in India.
The new SUV is rolled out from the company's Pune facility.
The Tata Motors-Jaguar-Land Rover combine, with a valuation of $8.45 billion now reigns supreme among the most valuable corporate brands in India.
The UK-based subsidiary of the Tatas is also keeping its options open for using its India assembly plants for manufacturing cars that can be exported to other countries.
Indian high commissioner Shiv Shankar Mukherjee has asked the British companies, based in Birmingham and other towns in the West Midlands, to expand and avail of opportunities offered by India.
In 2012, JLR sales were up in every major market, driven by new model introductions and update programmes, the company said in a statement issued at the North American International Motor Show in Detroit.
The plant will initially assemble JLR's sport-utility vehicle Freelander 2 from completely knocked down kits shipped from the Halewood manufacturing unit in Liverpool, UK.
The variant, which will be the second JLR model in India, with a 2.2 litre diesel engine will be introduced in India for the first time at an entry price of Rs 44.5 lakh or Rs 4.45 million (ex-showroom, Mumbai) and will be assembled at Tata Motors' Pune facility.
From Tetley Tea to Jaguar Land Rover and Air India, Ratan Tata has ticked off almost every item on his bucket list. However, one that remains unfinished is the electric version of his small car, the Tata Nano. A concept entrusted to Coimbatore-based Jayem Automotives (Jayem Auto) is still on the shelves, despite nearly 400 cars being launched, primarily due to Covid-19 and new crash norms.
The impact of Trump's announcement of increasing import tariffs will have negligible benefit for India not because of companies trying to shift from China to other countries or their supply chains being affected due to their Chinese operations but because of our faulty policies, explains Mudit Jain.
Tata Group on Wednesday announced an investment of 4 billion pounds (about Rs 42,500 crore) in setting up a flagship factory to make batteries for Jaguar Land Rover as well as other manufacturers. Tata Sons, owner of JLR, chose Bridgwater in Somerset in southwest England for the gigafactory over a rival location in Spain. The gigafactory, at 40GWh, will be one of the largest in Europe and Tata's first outside of India, the conglomerate said in a statement.
More than a decade after the iconic race car brand Jaguar was forced to pull out from the gruelling 24-hour Le Mans race, the new owner, the Rs 16,400-crore Tata Motors, is considering a plan to put the brand back on the racing track.
Tata Motors is expected to sign the agreement to buy the two Ford-owned luxury marques, Jaguar and Land Rover in the next few days. Tatas are expected to pay $3 billion for the coveted brands. According to sources, Tata Motors, India's largest auto making company, has agreed to most of the clauses put forward by Ford and Unite (workers union of the two brands), including the condition that Tata Motors will not shift the manufacturing facilities of the two brands.
To explore options for capitalising on growth potential in entry-level luxury car segment.
Jaguar Land Rover will continue to be managed independently.
Tata-owned Jaguar Land Rover plans to generate 4,500 manufacturing and engineering jobs in London over next five years, JLR executive director Mike Wright has said.
Jaguar Land Rover (JLR) -- the two premium brands owned by Tata Motors, India's largest automotive company -- will tighten up frivolous expenditure to contain cash in a slowing automotive market.
The 56-year-old German quit the Mumbai-based company after 18 months on the job, citing personal reasons.
Industry insiders in India warn that any such move in the pharmaceutical sector could be counterproductive for the US as it may face increased drug shortages if tariffs are imposed on such imports.
The new coalition government headed by prime minister David Cameron is determined to have 'very good relations' with India's Tata Group, owners of Jaguar Land Rover and Corus, British business secretary Vince Cable said on Thursday.
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