Tata Motors' India Business Is Heading In A Positive Direction

Only ~10% of Tata Motors‘ valuation comes from the standalone business, as per our estimate. At the helm of Tata’s problems in India remained lower-than-expected sales in the passenger vehicle and light commercial vehicle segment till the last year or so. Sales in India itself form over 40% of the net volume sales for Tata, however, contribute lower to the overall revenue and even lower to the valuation, because of the lower model prices compared to that of Jaguar Land Rover, which forms alm...