Tata Motors separates truck business from cars, including JLR. Shareholder, creditor and regulatory approvals may take 12-15 months to complete.
“The split will have no adverse impact on employees, customers and our business partners,” the company said. Tata said there is limited synergy between the CV and PV businesses, while there are "considerable synergies to be exploited between PV, EV and JLR, particularly in the areas of electric models, autonomous models and vehicle software"