All 3 businesses of Tata Motors marching with strategic agenda for growth & segment leadership, says Chairman N Chandrasekaran

Tata Motors' three core auto businesses turned profitable in the second half of FY23. For the ongoing fiscal year, the Chairman said that the CV business is focusing on growth as well as profitability in all three platforms of HCVs, I&LCVs and small CVs. The passenger car business is committed to maintaining the leadership. In the JLR business, the transition towards electric mobility, both for Jaguar and Range Rover, is well underway and new launches are scheduled for next year. The auto major expects the domestic business to become near net-debt zero in FY24 and JLR in FY25.

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