November 2025 | Tata Motors
Subsequent to the demerger of Tata Motors' Commercial Vehicles business into TML Commercial Vehicles Limited (TMLCV), the company listed on India's stock exchanges on November 12, 2025.
Calling it a momentous day for the 8-decade old Tata Motors, the Tata group and the Indian automotive industry, group chairman N Chandrasekaran said of the demerger journey: “We had to ensure that both companies were fit, and directionally very strong. Then we will increase the speed. That's the journey we set on, in 2017-18. Suffice to say that today, the restructuring is done, whether it is creating separate functions, separating the engineering, because both companies have a different technology, have different business models and platforms, they serve different customer segments, dealer partners and investors, and that they have the right to pursue different ambitions. Now we have come to this day where we have two strong independent companies.”
"Tata Motors Commercial Vehicle business has long powered India's industrial progress and is now poised to lead global logistics and sustainable mobility, " said Mr Girish Wagh, CEO and Managing Director of Tata Motors, emphasizing the company's contribution to the nation. "As we step into a new chapter, we are ready to unlock our full potential to advance the vision of atmanirbhar and Viksit Bharat by making logistics in our country more efficient. Our new brand promise, “Better always”, reflects our renewed focus on agility, innovation and customer centricity."
View a recording of the ceremony below:
About Tata Motors
Tata Motors is India's largest commercial vehicles (CV) manufacturer with the widest product and service portfolio across cargo and public transportation segments. Be it rough roads, heavy loads or extreme conditions, its vehicles are appreciated for their resilience, reliability and exceptional value.
Pursuant to the Composite Scheme of Arrangement approved by the Hon’ble National Company Law Tribunal, effective October 1, 2025, Tata Motors has demerged its Commercial Vehicles business into TML Commercial Vehicles Limited (TMLCV), a wholly owned subsidiary and consolidated the Passenger Vehicles business within the parent entity.
Tata Motors, India’s market leader in commercial mobility, now operates as a standalone powerhouse with a legacy of over eight decades. Its comprehensive portfolio serves diverse applications—from last-mile delivery to long-haul freight and public transportation.
With sharper strategic focus and agility, the company leads with next-generation offerings, including advanced powertrains, connected technologies, and smart fleet solutions that power progress and shape the future of logistics and infrastructure.
Guided by its brand promise of Better Always, Tata Motors remains at the forefront of delivering future-ready mobility solutions that elevate customer experience and drive sustainable growth.
