Tata Motors to carve out PV biz as separate entity, to see change of guard

The move is aimed at securing "mutually beneficial strategic alliances" that provide access to products, architectures, power trains, new-age technologies, and capital

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The PV business has been a drag on the company for many years in terms of financial performance.

Mumbai

3 min read Last Updated : Mar 27 2020 | 10:40 PM IST

Tata Motors will spin off its passenger vehicle (PV) business, including electric vehicles (EVs), unit into a separate subsidiary through a slump sale, the company said in a notification to

Topics : Tata Motors Tata Motors Finance Passenger Vehicles

First Published: Mar 27 2020 | 10:35 PM IST

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Tata Motors to carve out PV biz as separate entity, to see change of guard

The move is aimed at securing "mutually beneficial strategic alliances" that provide access to products, architectures, power trains, new-age technologies, and capital

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