Various firms of Tata group have lined up capital expenditure worth over Rs 65,000 crore for the current fiscal.

The capex is part of respective medium-term strategies of the different companies covering all the business sectors of the group, ranging from engineering, materials, information technology and communications, consumer products, services, energy to chemicals.

With Tata Motors shutting down its Nano manufacturing plant in Sanand for three-six weeks, vendors situated in the vendor park have also scaled down production.

“We too have had to curtail production. Frequency of orders from Tata Motors has been reducing due to high inventory at their Nano plant. As a result, we had seen inventory piling up at our plants,” said a vendor supplying electrical parts to the Sanand plant.

Tata Motors on Thursday reported 5.14 per cent decline in global sales, including that of Jaguar Land Rover (JLR), to 77,575 units in May. The company had sold 81,783 units in the same month last year.

In the passenger vehicles category, the global sales last month were at 48,414 units, as against 43,142 units in May 2013, up 12.2 per cent, Tata Motors said in a statement.

New Delhi: Tata Motors-owned Jaguar Land Rover on Wednesday reported a 20% increase in global sales to 38,831 units in May.

The Jaguar brand sold 6,450 units, up 4%, while the Land Rover sold 32,381 units, a growth of 23%, the company said in a statement.

New Delhi: A month after the exit of Tata Motors Ltd senior vice-president of passenger vehicle business unit, two more top-level executives have put in their papers, the company’s corporate steering committee (CSC) said in a message to employees.

The new executives to join the departure list are Venkatram Mamillapalle, head of purchases, and Rajesh Bagga, head of human resources and legal.

Car makers have started hiring from Gujarat's industrial training institutes (ITIs) for their factories across the country.

Maruti Suzuki India Ltd last year administered tests to 1,100 candidates at the Kubernagar ITI in northeast Ahmedabad. "Maruti Suzuki had recruited 40-45 candidates here for their Gurgaon plant. It has indicated it will test candidates again this month. Accordingly, we have prepared a list of around 1,000," said A J Pandey, placement coordinator for the Kubernagar ITI.

MUMBAI: Automobile makers in India have lined up more than Rs 10,000 crore of investment to develop new passenger vehicles and soup up existing ones despite a slowdown in sales, as they strive to meet changing customer demands in a market where products become outdated fast, according to industry executives.

Companies such as Mahindra & Mahindra, Tata Motors, Maruti SuzukiBSE 0.56 % as well as the local units of Hyundai Motor, Renault and Nissan Motor are working on all-new platforms to bring out new products.

Tata Motors Non-Executive Vice-Chairman Ravi Kant (pictured) retired from India’s biggest automotive company on Saturday at the age of 70.

Kant, an alumnus of IIT-Kharagpur, was managing director of the company before being promoted as vice-chairman five years ago. He, along with Prakash Telang (former MD who retired in 2012), is among the last batch of previous generation senior-level staff with the Mumbai-based company.

The new government seems to have spurred recovery in the automobile industry, with eight of the country's leading passenger vehicle makers on Monday reporting sales growth of 7.4 per cent in May.

These automobile manufacturers sold 190,193 vehicles in May, compared with 177,168 in the same month a year ago. According to data available with the Society of Indian Automobile Manufacturers (SIAM), domestic passenger vehicle sales had in April declined 9.50 per cent to 188,541 on a year-on-year basis.

Tata Hitachi Construction Machinery Company Ltd, a JV between Tata Motors and Japan’s Hitachi Construction Machinery, is expecting its 100-tonne dump truck to hit the market during the first half of 2016.

Rana Sinha, managing director of Tata Hitachi Construction Machinery Company Ltd, said, “The 100-tonne dump truck is very much on the cards. We are conducting trials and expect it to be launched in 2016.”

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