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Tata Motors to invest $1.5 billion over 4-5 yrs |
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March 21 Reuters. MUMBAI: Tata Motors Ltd will invest Rs 6000 crore ($1.5 billion) to expand manufacturing capacities over four to five years, Managing Director Ravi Kant said at a news conference on Monday.
Tata Motors, which last week announced a $2.3 billion deal to buy Jaguar and Land Rover from Ford Motor Co and will start selling the low-priced Nano later in the year, has announced it plans to raise $4 billion for its local and overseas plans.
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