OEM Update Magazine’s Post

Tata Motors, a leading manufacturer of passenger and commercial vehicles, has proposed an initial investment of ₹914 crore to set up a new vehicle manufacturing project in Tamil Nadu. https://trib.al/eQiTuig

🔸️UPDATE: Tata Motors is infusing $1 billion in Tamil Nadu based new manufacturing plant to produce luxury cars under JLR arm. As recent news reveals this information, earlier it was confidential at the time of investment made by TML that what type of vehicle will be manufactured. #tatamotors #JaguarLandRover #automotiveindustry #businessnews

#Diwali_Pick_Tata_Motors Tata Motors with a range of EVs and has launched a festive sale with EV discounts and a CAMO edition of the Tata Punch. With its new Tamil Nadu plant set to produce 2.5 lakh vehicles annually, it will be a big beneficiary of the EV boom. Tata Motors Ltd Gradual recovery in H2FY2025 Rating:BUY (CMP:932 , Price Target:1,319 ) ✅Company Description TML manufactures cars and commercial automotive vehicles. The companydesigns, manufactures, and sells heavy,medium, and small CVs, including trucks, tankers, vans, buses, ambulances, and minibuses. TML also manufactures small cars and sports utility vehicles (SUVs). The company is a leading CV manufacturer in India. TML acquired Jaguar and Land Rover brands in 2008; and Jaguar and Land Rover brands merged to form one unified company in 2013. ✅Key Investment Arguments •JLR reported a 10% y-o-y decline in volumes inQ2FY2025 due to production constraint. •JLR has already guided for a production constraint in Q2FY2025 in advance and further guided for a strong recovery in production in H2FY2025. •BMW has cut down EBIT margin guidance for CY2024, largely due tocompany-specific issues. •Given JLR’s production constraint issue has already been guided and BMW’s guidance for EBIT margin cut in FY2025 was more of a company-specific issue, we maintain our BUY view on Tata Motors Limited (TML) with an unchanged PT of Rs.1,319 based on expectations of continued improvement in JLR, PV, and CV businesses as well as reduced net automotive debt. #Diwali #Sharekhan_pick 🛑Disclaimer: It is for informative purpose only, do expert opinion before investing.

Tata Motors is revving up India's auto sector!!! Exciting news for the automotive industry in India. Tata Motors has broken ground on a new ₹9,000 crore vehicle manufacturing facility in Ranipet, Tamil Nadu. This state-of-the-art plant will produce high-end cars and SUVs under both the Tata Motors and Jaguar Land Rover brands. Key highlights: • Annual production capacity of 250,000 units, to be reached in 5-7 years • Will manufacture next-generation vehicles, including electric and luxury models • Expected to create over 5,000 direct and indirect jobs • Plans for a suppliers' park to localize the manufacturing ecosystem This investment reinforces Tamil Nadu's position as an automotive hub and demonstrates Tata Motors' commitment to "Make in India, For the World". It's great to see such significant investments in advanced manufacturing capabilities that will drive innovation and create skilled jobs. What are your thoughts on this development? How do you think it will impact the Indian automotive landscape? #TataMotors #Automotive #Manufacturing #ElectricVehicles #MakeInIndia

Tata Motors is set to commence the construction of a new Jaguar Land Rover India (JLR) factory in Tamil Nadu by September 2025. The company has acquired over 400 acres near Panapakkam in the Ranipet district, strategically located close to Chennai and Ennore ports. The #JLR plant will concentrate on #manufacturing electric vehicles (EVs), while Tata Motors will also produce various vehicles, including hybrids, in Tamil Nadu. This #greenfieldproject, part of the ₹18,000 crore Chennai-Bengaluru Industrial Corridor, will take an estimated 12-18 months to complete. The foundation stone will be laid by Tamil Nadu Chief Minister M K Stalin. Read the full story here: https://lnkd.in/gBZDJAfe #EV #ElectricVehicles #TataMotors #JaguarLandRover #TamilNadu #AutomotiveIndustry #EVManufacturing #IndianAutomotive #InvestmentInIndia #ElectricCars #HybridVehicles #MakeInIndia #ManufacturingExpansion #IndustrialDevelopment #AutomotiveGrowth #MnaufacturingIndustry #News #NewsandUpdates

Tamil Nadu facility to build both Tata Motors and JLR models, to start production by 2032: CFO Balaji The automaker has earmarked Rs 9,000 crore for the Tamil Nadu unit, which is expected to generate about 5,000 jobs Some of the JLR models will be based on the Electrified Modular Architecture (EMA) that the company had developed for its premium EVs (Representation Image - Credit: Pexels) With an aim to further enhance synergies between its Passenger Vehicle (PV) and Jaguar Land Rover (JLR) businesses, Tata Motors said its greenfield facility at Tamil Nadu will be building models from its own stable as well as that from its British luxury carmaking arm. This was revealed by a senior company official, who also said the plant will be building both ICEVs and EVs for domestic and global markets. "As far as the Chennai plant is concerned, it's a Tata Motors plant and will be a combination of both EVs and ICEVs. It is going to be a flexible plant that and the timeline for completing the project is the 2032,” Chief Financial Officer P.B. Balaji said in a post-earnings media conference call on November 8. Tata Motors on September 28 signed a memorandum of understanding (MoU) with the Tamil Nadu government to establish a vehicle manufacturing facility, at Tamil Nadu's Ranipet. The company has earmarked Rs 9,000 crore for the unit, which is expected to generate about 5,000 jobs. “At the same time, we will obviously would want the plant to commence (manufacturing vehicles) sooner rather than later, depending on how our existing capacities at Sanand Plant (acquired from Ford Motors India). So, it is a next step, the next phase of expansion of Tata Motors, once we consume the Sanand plant 2.” Tata Motors, which had earlier clarified that it has no plans to leverage on EV Policy of the government, had also revealed that some of the JLR models will be based on the Electrified Modular Architecture (EMA) that the company had developed for its premium EVs. “The latest we have to do it is by 2032 but we'll get it much earlier than that. And the Tata Motors factory, which will make all the cars that are needed, will also have JLR cars also coming out of that facility. It will be a full-fledged factory," Balaji further added. #TATAMOTORS #JLR #EMA #EV #ICEV #TAMILNADU

The Indian electric vehicle (EV) market is set for fierce competition as Mahindra and Mahindra Limited [Automotive and Farm Equipment Business], Maruti Suzuki India Limited, and Hyundai Motor India Ltd. plan to launch multiple new models in 2025, challenging leaders Tata Motors Limited, In Hr Dept and JSW Steel MG Motor AE India. In January 2025, several new EVs will debut in Delhi, increasing consumer options in a market where EVs currently represent only 2% of new car sales. Union Minister Nitin Gadkari predicts EV prices will drop further as lithium-ion battery costs decrease. Tata Motors is reducing prices on popular models while innovative financing options like Battery-as-a-Service (BaaS) are emerging to ease ownership costs. Local production efforts aim to strengthen the economy and enhance competitiveness in the global EV market, signaling a transformative shift towards electric mobility in India. https://lnkd.in/gS_9-sAK #EV #MarutiSuzuki #Mahindra #Tata #Hyundai #JSW

#Update Passenger vehicle production in India rose by nearly 10% in April 2024 compared to the same month last year. This jump follows a slight increase in domestic sales (1.2%) and a significant rise in exports (over 21%). Read: https://ow.ly/MYmo50RHUt7 Maruti Suzuki India Limited | Hyundai Motor India Ltd. | Mahindra and Mahindra Limited [Automotive and Farm Equipment Business] | Toyota Kirloskar Motor | KIA MOTORS INDIA GROUP | #AutomotiveTrends #IndianEconomy #VehicleExports #AutoIndustryUpdate #CarManufacturing #AutomotiveNews #ExportGrowth #DomesticSales #VehicleProduction #IndianAutoIndustry

After dominating the #ICE market for decades, Maruti Suzuki India Limited is aiming to become the number one player in the electric car segment with the new #eVitara. Maruti’s Gujarat plant will have an exclusive line for EVs as the company looks at scaling production ops! This will be the fourth line at the facility. There are already three catering to ICE models. The competition in the #electric car space is heating up with Hyundai Motor India Ltd. Tata Motors Mahindra Group Toyota Kirloskar Motor KIA India and JSW MG Motor India, among others, either introducing new models or planning to bring them this year! Will 2025 be that revolutionary year for the electric car market in #India?

Three-Wheelers (3W) post impressive 4.23% YoY growth, highlighting continued success and growth in the evolving transportation sector. ✔Bajaj Motors has continued to be on the top by selling 39,061 units in Nov. 2024 but 39,514 units in Nov. 2023 followed by Piaggio, Mahindra, YC Electric Vehicle and Saera Electric Auto Pvt Ltd. Source- Fada . . . #fada #salesreport #growth #trucksales #threewheel #electricvehicles #threewheelers #TataMotors #Mahindra #trendingposts #AshokLeyland #BajajMotors #piaggioape #MarutiSuzuki #vecommercials #fada #trucks #commerialvehicles #91trucks