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Tata Agratas Signs $530 Mn EV Battery Supply Deal with JLR
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Tata Agratas Signs $530 Mn EV Battery Supply Deal with JLR
A seven-year supply agreement worth $530 million (approximately INR 5,000 crore) has been inked between group company Jaguar Land Rover and Tata group electric-vehicle battery arm Agratas. Company disclosures and an executive with knowledge of the agreement indicate that it will commence this fiscal year.According to a resolution seeking shareholder approval for the related-party transaction and the executive, Agratas' first supply agreement is …
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