India’s Tata Motors in Talks to Sell Minority Stake in EV Business – Report

BENGALURU (Reuters) – Indian carmaker Tata Motors has begun discussions with sovereign wealth funds and private equity investors to sell a significant minority stake in the company’s electric vehicle division, Economic Times newspaper reported on Thursday, citing sources.

Tata Motors did not immediately respond to Reuters’ request for comment.

(Reporting by Nishit Navin in Bengaluru; Editing by Janane Venkatraman)

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