Tata Motors Ltd - Company Profile
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Business Description
Tata Motors Ltd (Tata Motors) is an automobile manufacturer and distributor of passenger cars, utility vehicles, trucks, buses, and defense vehicles. The company also manufactures construction equipment and automotive vehicle components. It produces high-precision tooling, machine tools and factory automation solutions, plastic, and electronic components for automotive and computer applications. Tata Motors provides engineering and automotive solutions, and supply chain through its subsidiaries.
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R&D Overview
Tata Motors focuses on developing products & technologies to meet the megatrends in commercial vehicles. The company also plans to change its engine design & material aspects for compliance with higher ethanol blends. The company has initiated the development of the enhanced driver assistant feature ADAS in all platforms. It is also working on the development of control software for electric powertrains, prognostics, and high-fidelity powertrain plant models for HIL testing. In FY2023, the company filed more than 200 patents and has eight R&D centers. In FY2023, the company spent INR202,650 million on R&D, which as a percentage of revenue, stood at 5.9%, and grew 32.1% YoY.
Business Segments
Overview
Designs, manufactures, assembles, and markets automotive vehicles. Provides commercial vehicles under Signa, Prima, Ultra, Intra, Ace, Yodha, Winger, Magic Ambulance, Star Bus EV, and Ultra-EV brand names. Offers passenger vehicles under Safari, Harrier, Nexon, Altroz, Tiago, and Nexon EV brand names. It also manufactures and provides other vehicles under brands such as Jaguar, Range Rover, Discovery, and Defender. Provides financing for vehicles sold by dealers in India.
Performance
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Overview
Consists of information technology (IT) services and machine tools and factory automation solutions.
Performance
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Geographical Segments
Performance
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Performance
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Target Markets
Germany, France, Italy, Switzerland, Belgium and Austria.
Performance
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Target Markets
The UAE, Saudi Arabia, Iraq, Iran, South Africa, Australia and New Zealand.
Performance
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Performance
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Performance
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