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Effective October 1, 2025, Tata Motors will divide its operations into two independent, publicly listed companies: one focused on commercial vehicles (CV) and the other on passenger vehicles (PV).
This decision, known as a demerger, has been approved by the company’s board of directors, regulatory authorities, and the National Company Law Tribunal (NCLT), ensuring compliance with legal and governance standards.
Who Will Lead the New Companies?
The commercial vehicle business, which includes trucks, buses, and other heavy-duty vehicles, will be led by Girish Wagh, a seasoned executive within Tata Motors.
The passenger vehicle business, encompassing cars, SUVs, electric vehicles (EVs), and investments like the luxury brand Jagu