As JLR touches $20 billion, Credit Suisse says list China JV

Tata Motors should look at listing its Chinese joint venture abroad to raise funds

Jaguar Land Rover’s value has risen to $20 billion now from $2.3 billion in 2008, when it was bought by Tata Motors, giving the latter over 25 per cent annual return, according to Credit Suisse. Tata Motors, which now gets 85 per cent of its value from JLR, should look at listing its Chinese joint venture abroad to raise funds. 

JLR has emerged as a stronger company after the 2008 financial crisis, and now accounts for a major chunk of Tata Motors’ profits. But, the bank says, JLR has not made any significant progress on electric and hybrid vehicles and has