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Tata Motors to leapfrog in tech, products on Iveco buy
Financial Express Kolkata
|August 01, 2025
The ₹38,000-crore acquisition of Iveco will help Tata Motors triple revenue and quadruple profitability while leapfrogging years of gestation period required to develop products, technology and consumer markets, top company officials said on Thursday.
The company announced the acquisition of the Turin-based truck, bus and powertrain manufacturer Iveco Group on Wednesday. This acquisition has pushed Tata Motors to the fourth position from sixth in the list of the world's largest commercial vehicle (CV) manufacturers, as per LMC data.
This story is from the August 01, 2025 edition of Financial Express Kolkata.
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