Monday 27 July 2015

Tata Motors banks on defence sector business, exports to drive 30-40% of its revenues

SOURCE: ECONOMIC TIMES Tata Motors, India’s largest commercial vehicle maker, is banking on growth in its defence sector business and exports to drive 30-40 per cent of its revenues in the next three to four years as it seeks to derisk the domestic commercial vehicle business from its inherent cyclicality. The company expects the defence […]

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