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Tata Auto Revenue Goal: $100 Billion by 2031

Bloomberg Markets •
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Tata Group aims to achieve an ambitious $100 billion in automotive revenue by the fiscal year ending March 2031, according to Chairman N Chandrasekaran. This target represents a significant expansion for the conglomerate's automotive vertical, which currently generates $50 billion in revenue by FY2026.

The growth strategy relies heavily on its existing units and potential acquisitions. Jaguar Land Rover is projected to be the largest contributor, generating between $45 billion and $50 billion in revenue. The commercial vehicle segment, particularly after the Iveco acquisition targeted for Q2 FY27, is expected to add $35 billion to $40 billion.

To support these goals, Tata Group plans substantial capital investments. Approximately Rs 40,000 crore will be invested in its domestic passenger vehicle business over the next five years. Jaguar Land Rover will receive £20 billion for new models and electrification efforts. These investments signal a clear focus on electric vehicle technology and market expansion, aiming for $5 billion in profit by FY2031.