Tata Motors is a global automotive manufacturing giant headquartered in India, delivering a spectrum of vehicles and pioneering advancements in mobility. With a legacy spanning over 80 years, Tata Motors has been instrumental in transforming transportation through its extensive portfolio of passenger cars, commercial vehicles, electric mobility, and luxury offerings.
Table of Contents
- About Tata Motors
- History and Legacy
- Products and Services
- Brand Portfolio
- Board of Directors
- Subsidiaries, Associates, and Joint Ventures
- Geographical Presence and Revenue Breakup
- Consolidated Financial Statements
- Shareholding Pattern
- Investment Details
- Passive Investment Portfolio
- Strategic Future Plans
- Business Segments Overview
- Commercial Vehicles (CV)
- Passenger Vehicles (PV)
- Electric Vehicles (EV)
- Jaguar Land Rover (JLR)
- Technology and Innovation
- Sustainability and ESG Performance
- Stakeholder Engagement
- Awards and Recognitions
- People and Culture
- CSR and Community Development
- Conclusion
1. About Tata Motors
Tata Motors Limited is one of the leading global automobile manufacturers with operations in over 100 countries. With more than 85,000 employees, the company offers a diverse product portfolio including cars, utility vehicles, buses, trucks, defense and construction vehicles, and electric vehicles. Its market cap stood at $29 billion as of March 31, 2025.
Tata Motors is a subsidiary of the Tata Group, India’s most respected business conglomerate. The company operates through three key business verticals:
- Tata Commercial Vehicles (Tata CV)
- Tata Passenger Vehicles (Tata PV & Tata EV)
- Jaguar Land Rover (JLR)
2. History and Legacy
Founded in 1945 as Tata Engineering and Locomotive Company (TELCO), Tata Motors began by manufacturing locomotives. In 1954, it entered commercial vehicle manufacturing in partnership with Daimler-Benz. In the decades that followed, the company revolutionized the Indian auto landscape.
Key Milestones
- 1991: Launched Tata Sierra, India’s first SUV
- 1998: Tata Indica – First fully indigenous passenger car
- 2004: Acquired Daewoo Commercial Vehicle Company
- 2008: Acquired Jaguar Land Rover from Ford
- 2018: Reorganized business units (CV and PV)
- 2020: Launched Tata Passenger Electric Mobility (TPEML)
- 2025: Company celebrates its 80th anniversary and announces strategic demerger
3. Products and Services
Tata Motors has a diversified vehicle portfolio tailored to various market segments:
Commercial Vehicles
- Trucks (Small, Light, Intermediate, Heavy)
- Buses (School, City, Intercity, Staff, Airport)
- Vans and Pickups
- Electric Commercial Vehicles
- Defense Vehicles
Passenger Vehicles
- Hatchbacks: Tiago, Altroz
- Sedans: Tigor
- Compact SUVs: Nexon, Punch
- Mid-size SUVs: Harrier, Safari
- Electric Vehicles: Tiago EV, Tigor EV, Nexon EV, Punch EV, Curvv EV (upcoming)
Luxury Vehicles (JLR)
- Range Rover
- Defender
- Discovery
- Jaguar (fully transitioning to electric by 2026)
Services
- Vehicle financing (via TMF Holdings)
- Fleet management
- Telematics and AI-based predictive maintenance
- Connected vehicle solutions: Fleet Edge, Fleet Verse
- Subscription and leasing models
- E-commerce for vehicle bookings and servicing
4. Brand Portfolio
Tata Motors operates multiple strategic and commercial brands:
Commercial Brands
- Prima (Heavy Trucks)
- Intra, Yodha, Ace (SCVs)
- Magic (Passenger Carriers)
- Starbus, Ultra, Winger
Passenger Brands
- Tata Motors (PV, EV)
- Nexon EV, Punch EV (EV-specific branding)
- Curvv and Sierra (upcoming EV models)
Global Brands
- Range Rover
- Defender
- Discovery
- Jaguar
Digital & Telematics
- Fleet Edge
- Fleet Verse
- E-Dukaan
5. Board of Directors
As of March 2025, the board comprises eminent professionals and visionaries:
| Name | Role | Key Committees |
|---|---|---|
| N Chandrasekaran | Chairman | Strategy, Nomination |
| Girish Wagh | Executive Director | Operations, Innovation |
| Vedika Bhandarkar | Independent Director | Audit, CSR |
| Om Prakash Bhatt | Independent Director | Governance, Risk |
| Kosaraju V Chowdary | Independent Director | Ethics, Compliance |
| Usha Sangwan | Independent Director | CSR, Diversity |
| Hanne Sorensen | Independent Director | Global Advisory |
| Al-Noor Ramji | Independent Director | Digital Strategy |
| Bharat Puri | Independent Director | Marketing, Branding |
| Guenter Butschek | Independent Director | Strategic Transformation |
6. Subsidiaries, Associates & Joint Ventures
Direct Subsidiaries
- Tata Passenger Electric Mobility Ltd – 100%
- Tata Motors Passenger Vehicles Ltd – 100%
- TMF Holdings Ltd – 100%
- Tata Technologies Ltd – 53.39%
Indirect Subsidiaries
- Tata Daewoo – 100%
- Tata Motors Design Tech Centre (UK) – 100%
- PT Tata Motors Indonesia – 100%
- Trilix S.R.L. (Italy) – 100%
Associates
- Tata AutoComp Systems Ltd
- Freight Commerce Solutions Pvt Ltd
Joint Ventures
- Tata Cummins Ltd
- Fiat India Automobiles Pvt Ltd
✅ Direct Subsidiaries
| Company Name | Country | Ownership % |
|---|---|---|
| Tata Motors Insurance Broking and Advisory Services Ltd | India | 100.00% |
| Tata Technologies Ltd | India | 53.39% |
| TMF Holdings Ltd | India | 100.00% |
| Tata Motors Body Solutions Ltd | India | 100.00% |
| TML Holdings Pte Ltd | Singapore | 100.00% |
| Tata Hispano Motors Carrocera S.A. | Spain | 100.00% |
| Tata Hispano Motors Carroceries Maghreb S.A. | Morocco | 100.00% |
| Tata Precision Industries Pte Ltd | Singapore | 78.39% |
| Brabo Robotics and Automation Ltd | India | 100.00% |
| Jaguar Land Rover Technology and Business Services India Pvt Ltd | India | 100.00% |
| TML CV Mobility Solutions Ltd | India | 100.00% |
| Tata Passenger Electric Mobility Ltd | India | 100.00% |
| Tata Motors Passenger Vehicles Ltd | India | 100.00% |
| TML Smart City Mobility Solutions Ltd | India | 100.00% |
| TML Commercial Vehicles Ltd | India | 100.00% |
| TML Securities Trust | India | 100.00% |
| Tata Motors Digital.AI Labs Ltd | India | 100.00% |
✅ Indirect Subsidiaries (Selected)
| Company Name | Country | Ownership % |
|---|---|---|
| Tata Motors Global Services Ltd | India | 100.00% |
| Tata Motors Design Tech Centre plc | UK | 100.00% |
| Trilix S.r.l. | Italy | 100.00% |
| Tata Daewoo Mobility Company Ltd | South Korea | 100.00% |
| Tata Daewoo Mobility Sales Company Ltd | South Korea | 100.00% |
| Tata Motors (Thailand) Ltd | Thailand | 100.00% |
| PT Tata Motors Indonesia | Indonesia | 100.00% |
| Tata Technologies Inc. | USA | 53.44% |
| Tata Technologies (Thailand) Ltd | Thailand | 53.39% |
| Tata Technologies Europe Ltd | UK | 53.39% |
| Tata Technologies Nordics AB | UK | 53.39% |
| Tata Technologies GmbH | Germany | 53.39% |
| Tata Technologies Pte Ltd | Singapore | 53.39% |
| INCAT International Plc | UK | 53.39% |
| JLR Insurance Company Ltd | Guernsey | 100.00% |
| Jaguar Land Rover Slovakia s.r.o. | Slovakia | 100.00% |
| Jaguar Land Rover India Ltd | India | 100.00% |
| Jaguar Land Rover Canada ULC | Canada | 100.00% |
| Jaguar Land Rover France SAS | France | 100.00% |
| Jaguar Land Rover Taiwan Company Ltd | Taiwan | 100.00% |
| Jaguar Racing Ltd | UK | 100.00% |
| Bowler Motors Ltd | UK | 100.00% |
(Full list includes 93 subsidiaries — 16 direct and 77 indirect)
✅ Associates
| Company Name | Country | Ownership % |
|---|---|---|
| Automobile Corporation of Goa Ltd | India | 48.98% |
| Nita Co. Ltd | Bangladesh | 40.00% |
| Tata AutoComp Systems Ltd | India | 26.00% |
| Tata Hitachi Construction Machinery Co. Pvt Ltd | India | 39.74% |
| Freight Commerce Solutions Pvt Ltd | India | 26.79% |
| Jaguar Cars Finance Ltd | UK | 49.90% |
| Tata Precision Industries (India) Ltd | India | 39.19% |
| Synaptiv Ltd | UK | 33.33% |
| BMW TechWorks India Pvt Ltd | India | 50.00% |
| ARC V Ltd (ceased to be associate in FY25) | UK | – |
✅ Joint Ventures
| Company Name | Country | Ownership % |
|---|---|---|
| Fiat India Automobiles Pvt Ltd | India | 50.00% |
| Tata Cummins Pvt Ltd | India | 50.00% |
| Chery Jaguar Land Rover Automotive Co. Ltd | China | 50.00% |
| Jaguar Land Rover Schweiz AG | Switzerland | 30.00% |
| Inchcape JLR Europe Ltd | UK | 30.00% |
| Bilia JLR Import AB | Sweden | 30.00% |
7. Geographical Reach and Revenue Breakdown
| Region | Revenue (₹ Cr) | % Contribution |
| India | 1,18,630 | 47% |
| JLR – Global | 55,354 | 23% |
| Tata PV + EV | 94,087 | 21% |
| Others (Indonesia, S. Korea) | 51,307 | 9% |
Tata Motors operates across 100+ countries with 24 manufacturing facilities and 8 R&D centers.
8. Financial Statements Summary
Consolidated Profit & Loss (₹ in Cr)
| Particulars | FY25 | FY24 |
| Revenue | 4,39,695 | 4,34,016 |
| EBITDA | 57,649 | 54,746 |
| PBT | 34,330 | 29,368 |
| PAT | 28,149 | 31,807 |
Consolidated Balance Sheet (₹ in Cr)
| Particulars | FY25 | FY24 |
| Total Assets | 3,69,124 | 3,43,297 |
| Equity | 1,16,144 | 99,879 |
| Liabilities | 2,52,980 | 2,43,418 |
Cash Flow Summary (₹ in Cr)
| Type | FY25 | FY24 |
| Operating Cash Flow | 22,348 | 26,925 |
| Investing | (47,784) | (39,785) |
| Financing | 24,510 | 18,152 |
| Net Flow | (968) | 1,292 |
9. Shareholding Pattern
- Promoter Group (Tata Sons): 46.4%
- FIIs: 14.2%
- DIIs: 19.6%
- Public: 19.8%
10. Active & Passive Investment Details
Tata Motors has made strategic equity investments in:
- EV component startups
- Battery management system developers
- AI-driven supply chain analytics
Passive Holdings:
- Stake in Tata AutoComp Systems Ltd
- Freight Commerce (LogisticsTech)
- Strategic funds for ESG-linked companies
11. Future Strategic Plans
Tata Motors aims to:
- Complete demerger of PV & CV businesses by late FY26
- Invest ₹16,000 crore in FY26
- Electrify 100% of JLR fleet by 2030
- Launch Curvv EV and Sierra EV
- Expand renewable energy usage to 100% by 2030
- Expand public EV charger network
12. Business Segments Overview
Commercial Vehicles (CV)
Tata Motors is India’s undisputed leader in the commercial vehicle segment with over 45% market share. The CV portfolio addresses a wide range of applications and customer needs through its sub-segments:
Light and Intermediate Commercial Vehicles (LCVs & ICVs)
Designed for intra-city and medium-haul freight transportation, these vehicles balance mileage, payload, and reliability. Key models: Tata 407, LPT 909, Ultra, Intra V50.
Medium and Heavy Commercial Vehicles (MHCVs)
Focused on long-haul transport and heavy-duty applications. Key offerings include the Tata Prima series, Signa, and LPT trucks, which provide enhanced fuel economy and driver ergonomics.
Buses and Mobility Solutions
Tata offers buses for school, staff, city transit, and intercity applications. It is a leader in India’s e-bus segment and operates numerous state contracts via subsidiaries like TML Smart City Mobility.
Defense and Special Purpose Vehicles
Tata provides armoured personnel carriers, logistics trucks, and combat support vehicles to Indian defense and paramilitary forces.
Passenger Vehicles (PV)
Growth and Innovation
Tata Motors has emerged as the fastest-growing PV manufacturer in India. With a strong focus on safety, design, and connectivity, its new-age vehicles consistently receive 4–5 star GNCAP ratings.
Key Vehicles
- Tiago & Tigor: Entry-level hatch and sedan with smart design and safety features
- Altroz: Premium hatchback with 5-star GNCAP rating
- Nexon & Punch: India’s top-selling SUVs, blending design with innovation
- Harrier & Safari: Premium SUVs with terrain response modes, ADAS features
Electric Vehicles (EV)
Tata Motors commands over 70% market share in India’s electric four-wheeler segment. Its EV journey is powered by the Tata UniEVerse – an ecosystem comprising vehicles, charging, battery tech, and software.
Popular Models
- Nexon EV: India’s highest-selling electric SUV
- Tiago EV: Affordable EV for urban commuting
- Punch EV: Launched in 2025 with segment-leading range and features
Upcoming EVs
- Curvv EV
- Sierra EV
EV Milestones
- 1 lakh+ EVs sold as of FY25
- Over 21,000 public chargers across India
- Investment in localized battery production and cell chemistry R&D
Jaguar Land Rover (JLR)
JLR is the UK’s largest automotive manufacturer, renowned for luxury, performance, and off-road excellence. Tata Motors’ ownership since 2008 has revitalized the brand.
Brands under JLR
- Range Rover: Ultra-luxury SUV line
- Defender: Rugged off-roader
- Discovery: Family adventure SUVs
- Jaguar: Performance cars transitioning to electric
JLR Strategy
- Fully electric Jaguar range by 2026
- 5 EV launches under Range Rover and Defender by 2027
- £15 billion investment in electrification and digitalization
- Reimagine Strategy: Sustainable luxury and tech-driven innovation
13. Technology and Innovation
Tata Motors is embedding cutting-edge tech across its portfolio:
Key Areas of Innovation
- ADAS: Level 2 autonomous capabilities in PV and CV platforms
- Software-Defined Vehicles (SDVs): Connected architecture via SOA (Service-Oriented Architecture)
- GenAI & Machine Learning: For diagnostics, predictive maintenance
- Telematics: Fleet Edge platform for real-time vehicle insights
- Hydrogen Mobility: Trials on Hydrogen Internal Combustion Engines (H2ICE) and Hydrogen Fuel Cells in CVs
- Battery Tech: Proprietary BMS, solid-state battery research, cell chemistries for India’s climate
R&D Footprint
- 8 global design and R&D centres
- 508 patents filed in FY25 alone
- ₹33,569 crore invested in product and tech development
14. Sustainability and ESG Performance
Under Tata Group’s “Project Aalingana,” Tata Motors commits to:
- Carbon neutrality: PV by 2040, CV by 2045, JLR by 2039
- 100% RE energy sourcing for Indian plants by 2030
- Net-zero waste-to-landfill operations
FY25 ESG Highlights
- 46% renewable energy share in India operations
- 1.6 million tonnes CO2 saved from EVs
- 26% improvement in freshwater use efficiency
- AIKYAM: Supplier sustainability and ESG integration program
- Re.Wi.Re: India’s first organized vehicle recycling ecosystem
15. Stakeholder Engagement
Key Stakeholder Initiatives
- Customers: Digitized service journeys, loyalty programs, subscription models
- Dealers: 9,300+ touchpoints, digital tools for real-time order and inventory
- Employees: DE&I programs, Gigastores for women, AI-based learning tools
- Suppliers: ESG compliance frameworks, vendor quality analytics
Governance
- Zero tolerance for corruption
- 100% board members trained in ESG
- SEBI LODR compliance score: 100%
16. Awards and Recognitions
- Economic Times Trusted EV Brand 2024
- JLR UK Manufacturer of the Year 2024
- Tata Nexon: Best Compact SUV – Autocar Awards 2025
- Tata Daewoo: Best CV Exporter – South Korea
- Excellence in Corporate Governance – ICSI
- Platinum ESG Rating – India ESG Scorecard 2025
17. People and Culture
Workforce Snapshot
- Employees: ~85,000
- Gender Diversity: 11.1% women
- Inclusion Index: 92%
- Training Hours: 9.2 lakh hrs (FY25)
- Safety: Zero fatality workplace in Indian operations
Culture Pillars
- Accountability
- Innovation
- Inclusion
- Agility
18. CSR and Community Development
CSR Reach: 14.78 lakh individuals in FY25
Focus Areas:
- Education (STEM programs, scholarships)
- Health (Mobile health vans, rural clinics)
- Livelihood (Skill development for 25,000+ youth)
- Environment (Tree plantations, water harvesting)
Employee Volunteering
- 2.1 lakh+ hours volunteered
- Tata Engage & We Volunteer platforms
19. Conclusion
Tata Motors continues to be a bellwether of Indian industry and a global leader in sustainable mobility. With bold ambitions in electric and hydrogen technologies, a customer-centric approach, and a deep commitment to ESG excellence, Tata Motors is well-positioned to shape the future of transportation. Whether through its innovative EV lineup, the luxury of JLR, or the dependability of its commercial fleet, Tata Motors is creating value for all stakeholders, every mile of the journey.
Frequently Asked Questions about Tata Motors
Tata Motors is known for manufacturing a wide range of vehicles including passenger cars, commercial trucks, buses, and electric vehicles. It also owns the luxury brand Jaguar Land Rover and is India’s leading EV manufacturer.
Tata Motors offers hatchbacks, sedans, SUVs, electric vehicles, light to heavy commercial vehicles, and defense vehicles under various brands including Tata, Nexon, Punch, Tiago, Harrier, and JLR’s Range Rover and Jaguar.
Tata Motors is a public limited company majority-owned by Tata Sons Private Limited, which holds approximately 46.4% of its shares.
Yes, Tata Motors is the market leader in electric vehicles in India, with popular models such as Nexon EV, Tiago EV, Tigor EV, Punch EV, and the upcoming Curvv EV and Sierra EV.
Tata Motors plans to demerge its PV+EV and CV businesses, invest ₹16,000 crore in FY26, launch several EV models, and achieve carbon neutrality by 2040 for PVs and 2045 for CVs.
For FY25, Tata Motors reported consolidated revenue of ₹4,39,695 crore and a net profit of ₹28,149 crore.
Tata Motors has 93 subsidiaries including Tata Technologies, Tata Motors Passenger Vehicles Ltd, Tata Passenger Electric Mobility Ltd, Jaguar Land Rover, Tata Daewoo, and TMF Holdings.
Yes, Tata Motors is a key company under the Tata Group, one of India’s largest and most respected business conglomerates.
