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Tata Motors To Invest 10000 Cr For Expanding Business
Tata Motors is likely to expand the product range and thereby increase the market presence in both domestic and international commercial and passenger automobile business.
Tata Motors is raising fund to about Rs. 4700 crore which will help the company to fuel the expansion programmes as well as reduce the debt. For this to happen, the company is seeking share holders' approval through a postal ballot.
The purchase of Jaguar and Land Rover, on one way helped the company to expand its business but has also dinted the company's growth plans in other domains. Hence, Tata Motors will focus on the upcoming years to bring about new products as well as strengthen the infrastructure.
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