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Tata Motors' CV Arm Debuts on BSE, Targets Electrification and Debt-Free Growth
12 Nov
Summary
- Tata Motors' commercial vehicle (CV) business listed on BSE, completing demerger
- CV arm to focus on electrification, hydrogen trucks, and new-energy buses
- Tata Motors made the CV business debt-free to enable bold growth plans
On November 12, 2025, Tata Motors' commercial vehicle (CV) business made its debut on the Bombay Stock Exchange (BSE), marking a significant milestone in the automaker's long-planned demerger. The listing sets the stage for the CV arm's next phase of growth, which will be centered around electrification, hydrogen trucks, and new-energy buses, while maintaining a debt-free balance sheet.
Tata Sons and Tata Motors chairman N Chandrasekaran stated that the demerger was a necessary step to create two financially strong, independent companies with clear growth paths. The CV business, which has been the backbone of the Indian economy, now has the opportunity to pursue its ambitious plans, including expanding its presence in Africa, the Middle East, and Asia.
Girish Wagh, the managing director and CEO of Tata Motors' CV division, emphasized that the listing marks a new era of focused and accountable growth. The company will prioritize strengthening customer value, product innovation, and leveraging digital mobility to drive recurring revenue. The proposed acquisition of Iveco, pending regulatory approvals, is also expected to boost Tata Motors' global standing by adding scale and advanced technologies.
