Tata Motors stock soars on EV dominance in India, Jaguar rebound

Indian automaker seeks further boost from split into 2 listed companies

20240315N Tata Motors

Tata's Nexon electric sport utility vehicle accounted for 23% of all EVs sold in India in 2023. (Photo by Ryosuke Hanada)

FUMITO AKIYAMA, NQN staff writer

SINGAPORE -- Major Indian automaker Tata Motors has seen its stock price boom this year on a strong recovery by subsidiary Jaguar Land Rover, as the company looks to bolster its already commanding lead in the domestic electric vehicle market.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.