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Tata Motors and its luxury vehicle subsidiary, Jaguar Land Rover (JLR), have announced plans to invest nearly 2.6 lakh crore in their automotive businesses over the next five years. The investment plan was outlined by Tata Group Chairman N. Chandrasekaran during the company's Annual General Meeting (AGM).
The investment will focus on accelerating the development of electric vehicles (EVs), next-generation automotive technologies, manufacturing capacity expansion, and modern production systems. However, the company also acknowledged that rising costs and pressure on profit margins could remain key challenges in the coming years.
In India, Tata Motors will invest around ₹40,000 crore in capital expenditure (Capex) over the next five years. The funds will be used to develop new products, strengthen electrification efforts, expand manufacturing capacity, and introduce advanced technologies across its passenger and commercial vehicle businesses.
In the passenger vehicle segment, the company aims to increase its market share to 20%. To achieve this, Tata Motors plans to expand production capacity, launch six new models, and introduce multiple upgrades to its existing product lineup.
For its commercial vehicle business, the investment will support the development of new truck and bus platforms, cleaner powertrains, and application-specific technology solutions to enhance profitability and long-term returns.
Meanwhile, Jaguar Land Rover will invest approximately £20 billion (around ₹2.2 lakh crore) over the next five years as part of its "Reimagine" strategy. The investment will accelerate the company's transition to electric mobility and the development of next-generation luxury vehicles.
Under this plan, JLR will upgrade its manufacturing facilities for EV production, modernize manufacturing systems and paint shops, and launch new electric models under the Range Rover and Jaguar brands.
The company will also invest significantly in Software Defined Vehicles (SDVs), connected car technologies, and Advanced Driver Assistance Systems (ADAS), which are expected to play a critical role in the future of premium mobility.Chandrasekaran said the investment programme reflects the Group's long-term strategy despite near-term cost pressures. The objective is to build a more competitive, technology-driven, and electrified vehicle portfolio for India and global markets by the early 2030s, while maintaining disciplined investments, strong cash flows, and sustainable growth.
