Photo Credit - Tata Group  

CFO Balaji states that Tata Motors has significantly improved its position and visibility, with better forecasts extending beyond Q2 compared to earlier.

Photo Credit -  Business Today 

Factors fueling optimism include a strong order book for Jaguar Land Rover (JLR), driven by new launches of Range Rover, Range Rover Sport, and Defender, which make up 76% of the order book.

Photo Credit -  Autocar Professional 

The shift towards premium luxury brands enhances demand resilience and growth prospects for the company. The PV (passenger vehicle) business has seen remarkable turnaround and aims to achieve 100,000 sales this year, with a focus on EVs and profitability in the second half of the year.

Photo Credit -  Mint 

Supply chain challenges, especially related to semiconductor supply, have improved but not entirely resolved.Tata Motors aims to achieve net debt zero by FY25, benefiting from improving operating and financial leverage.

Photo Credit -  Mint 

DVR shares were extinguished to simplify the capital structure and provide financial flexibility for future endeavors.

Photo Credit - Mint 

The company does not plan to raise capital purely for valuation purposes in the EV business but may consider it if needed for business requirements.

Photo Credit - India Today 

The upcoming launch of the Range Rover Electric will position Tata Motors as a global leader in EVs and provide a strong brand experience for customers.

Photo Credit - Mint 

Challenges in CV business were faced due to BS-VI phase 2 migration, but improvements are expected in Q2 and Q3.

Photo Credit -  Moneycontrol 

Tata Motors' board will decide on any potential unlocking of businesses through corporate actions at an appropriate time.

Read more about this story on our official web page - https://indianentrepreneursmagazine.com

Photo Credit - Tata Group 

Get Latest Business News Updates on IEM

www.indianentrepreneursmagazine.com