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Tata Motors expects 10-12% growth in defence exports' revenue annually

2016-03-17 05:00:49| Automakers - Topix.net

Tata Motors said it expects a 10-12% yearly growth in revenue from defence exports in the next few years. Exports currently constitute 15% of the company's overall defence revenue, and is likely to grow at 10-12% per annum in the future, Tata Motors Vice-President for defence and government business, Vernon Noronha, told reporters here.

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