Buy Tata Motors; target of Rs 700: Motilal Oswal
JLR’s strategy for transitioning to a modern luxury vision, centered around electric vehicles, is driven by three platforms. Refocus 2.0 ‘value creation system’ will simplify its operating framework and governance. It is strengthening and up skilling its human capital for skills of the future and preparing for the targeted transition.
JLR’s FY23 annual report highlights that its strategy for transitioning to a modern luxury vision, centered around electric vehicles, is driven by three platforms. Refocus 2.0 ‘value creation system’ will simplify its operating framework and governance, with greater focus on systematic value creation and business excellence. It is strengthening and up skilling its human capital for skills of the future and preparing for the targeted transition. Additionally, it has entered into strategic partnerships for bringing new technologies to support the transformation and growth of its business. Lastly, it has maintained its sustainability goal of carbon net zero by 2039 by driving transition to all electric future.
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