Tata Motors, India plans Capex of INR 80 billion for FY 2024

On May 12, Tata Motors Limited (TML) announced its plan to increase its Capex further to INR 80 billion for FY24, as it ramps up investments in electrification compared to the previous year's investment spending of INR 64 billion. Out of this amount, INR 36.9 billion was dedicated to research and development for pass....

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