Transportation

JLR Owner Tata Motors to Spin Off Units Into Two Listed Cos

One company for commerical vehicles; second for cars, EVs, JLR
The demerger process may take as long as 15 months to close

The logo of Tata Motors Ltd.Photographer: Anindito Mukherjee/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Ragini Saxena

March 4, 2024 at 11:01 AM UTC

Updated on

March 4, 2024 at 2:30 PM UTC

This article is for subscribers only.

Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.

Tata Motors Ltd. is seeking to split its passenger and commercial vehicles businesses into two listed companies, as it aims to unlock value of its electric vehicles and the Jaguar Land Rover luxury car making unit.