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Finance Professional | Auditing | Taxation | Accounting | M.Com | B.Com

🚀 Tata Motors, the renowned Indian automotive giant, is set to expand its manufacturing prowess with a planned $1 billion investment in a new plant in Tamil Nadu, southern India. 💫 Sources privy to the company's plans revealed that the facility will focus on producing luxury cars under the Jaguar Land Rover India (JLR) marque, reported Reuters. 🌟 The Indian automaker has also reported a significant surge in global wholesales for the fourth quarter ending March 31, 2024. Totaling 377,432 units, the figure marks an impressive eight percent increase compared to the corresponding period last year. ✨ Particularly noteworthy is the robust performance of Tata Motors' passenger vehicles segment, including electric vehicles, which witnessed a notable 15 percent surge, reaching 155,651 units during the same period. 📜 Simultaneously, Jaguar Land Rover India has showcased a remarkable growth trajectory in the Indian market. The luxury marque reported an outstanding 81 percent increase in retail sales for the fiscal year 2023-24, selling a total of 4,436 units. Tata Group Tata Consultancy Services Tata Motors Tata Consultancy Services - UK and Europe TATA Advanced Systems Limited Tata Capital Tata Elxsi TATA Power Tata Projects Tata Consumer Products Jaguar Land Rover UK Jaguar Land Rover UK Jaguar Land Rover Brasil JLR Jaguar #investment #extension #finance #tata #jaguar #fashion #ratantata

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