More than 90% of Tata Motors‘ valuation comes from the luxury vehicle division Jaguar Land Rover, as per our estimates, and China is a crucial part of this division’s growth story. The country was the single largest market for JLR, till the recently concluded fiscal year 2016 (ended March 2016), when the U.K. overtook China as JLR’s largest market.
More than 90% of Tata Motors‘ valuation comes from the luxury vehicle division Jaguar Land Rover, as per our estimates, and China is a crucial part of this division’s growth story. The country was the single largest market for JLR, till the recently concluded fiscal year 2016 (ended March 2016), when the U.K. overtook China as JLR’s largest market.
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