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Tata Motors to reduce standalone capex by 10% to Rs 4,500 crore - Moneycontrol.com

Tata Motors to reduce standalone capex by 10% to Rs 4,500 crore - Moneycontrol.com > The reduction in capex for Tata Motors follows a similar reduction for Jaguar Land Rover earlier in the year. Tata Motors, India's fourth largest car maker, will slash capital expenditure (capex) by 10 percent to Rs 4,500 crore this year at the standalone level, even though it needs to invest for its transition to BS-VI norms next year. The reduction in capex for Ta… [+1975 chars]

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