Tata Motors to invest Rs 10,000 crore in coming years

Tata-MotorsTata Motors is planning to invest around Rs 10,000 crore approximately in the coming two-three years on the further development.  This has been revealed by the company officials. The company has also informed that it will invest on its products, modernization of its facilities and other capex purposes.

It has invited the opinion and approval of shareholders on such decisions and has decided to expand its range of products.

It also plans to enhance its presence and popularity in markets on both domestic and global fronts.

Besides, the company has also planned to rise around Rs 10,000 crore in the coming couple years. It is all set to implement its strategy for a future growth towards product development, capital enhancement, and other growth opportunities.

There are several other issues like plant renewal and modernization etc. This investment is expected to cover all that as well.

An additional Rs 4,700 crore is also expected to be raised by the company for a long term funding. This money is to ensure taking care of the important issue of securities in the domestic and international markets.