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TPG Group to invest Rs 7,500 crore in Tata Motors’ new electric vehicle subsidiary

2021-10-13 03:36:25

Tata Motors on October 12 announced that private equity firm TPG Group would be investing Rs 7,500 crore in its new wholly-owned electric vehicle subsidiary.

The investment would be made in tranches, over a period of 18 months from the date of completion of the first tranche.

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