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

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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).

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