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Tata Group companies plan capex for FY15

Monday, 16 Jun 2014
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Tata Group companies have planned capital expenditure (capex) worth Rs 65,000 crore for FY15.

The investments, earmarked for FY15, by Tata’s various group companies, include Tata Steel, Tata Motors and Tata Consultancy Services (TCS).

Taking into consideration the investment plan of the companies, Tata Steel has planned a capex of about Rs 16,500 crore, while Tata Motors has earmarked around Rs 38,500 crore, of which Rs 35,000 crore will be for its British arm JLR, and Rs 3,500 crore for its operations in India.

On the other hand, Tata’s IT major, TCS has planned a capex of Rs 4,000 crore for FY15.

The capex, planned by the Tata group companies, is focused on already planned new products and services, as well as continuing development of new technologies for both,  global and domestic operations.

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