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This Article is From Mar 01, 2021

Tata Motors Investors Day Update - JLR Going Back To Basics, Simplifying Business: Motilal Oswal

Tata Motors Investors Day Update - JLR Going Back To Basics, Simplifying Business: Motilal Oswal

Tata Motors Investors Day Update - JLR Going Back To Basics, Simplifying Business: Motilal Oswal
Tata Motors logo sits on the wheel. (Photographer: Dhiraj Singh/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Tata Motors Ltd.'s Jaguar Land Rover hosted its Investors Day to share its updated strategy ‘reimagine' to drive sustainable recovery and make business fit for future.

JLR's ‘reimagine' strategy is not about catching up but taking a leap and right sizing, reorganizing and repurposing the organization.

It plans to launch six Land Rover models in pure electric vehicle form in next five years with first launch in FY24.

It is targeting more than 10% Ebit margins driven by ‘refocus' program (third party purchase by FY24) and architecture consolidation (more than 3% by FY26).

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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