Tata Motors stays steady on capex despite West Asia war shocks and cautious growth outlook

Capex to hold near Rs 3000 crore

Tata Motors is tightening its outlook on spending as the West Asia crisis throws up fresh challenges for the company. Even with these headwinds, it plans to keep capital expenditure around Rs 3,000 crore for FY27. The domestic commercial vehicle market is also expected to grow at only single digits next year, reinforcing a cautious stance.