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Tata Motors to continue investing around Rs 2,000 cr per annum on CV biz

Business Standard LogoBusiness Standard2 mo ago

Tata Motors to continue investing around Rs 2,000 cr per annum on CV biz - Business Standard

Quick Summary:

Tata Motors plans to continue investing in the range of Rs 2,000 crore in its commercial vehicle business per annum going ahead in order to drive in new models based on various kinds of powertrains, according to company's Executive Director Girish Wagh.

"At the company's commercial vehicle business level, we have been investing around Rs 2,000 crore per annum which includes our investment in internal combustion engines, alternate fuel as well as electric vehicles.

The company, which on Monday strengthened its pickup line with the launches of Yodha 2.0, Intra V20 bi-fuel and Intra V50 models, is also looking to transition to electric mobility through vehicles powered by CNG and other alternative fuel options.


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Article Details

Author / Journalist: Press Trust of India

Category: EconomyFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-26 @ 17:37:00 (2 months ago)

News Timezone: GMT +5:00

Ranking: #2198 (out of 3155 stories this day)

News Source URL: business-standard.com

Language: English

Article Length: 587 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 551503

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About Business Standard

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Main Topics: EconomyFinance

Official Website: business-standard.com

Update Frequency: 150 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 1 weeks ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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