Tata Motors plans Rs 1,000cr capex, Q3 net up 46%

 Ravi Kant, MD of Tata Motors, while announcing the results also outlined a capital expenditure plan of Rs 1,000 crore over the next three years.

 Kant said the company is working on a new bus platform using expertise from operations in India, Spain and Korea.

Speaking on fuel price, Kant said any hike of over Rs 2 per litre in petrol price would adversely impact sales of vehicles.

The company