Tata’s Agratas locks $530 M EV battery deal with JLR, unlocking $42 M revenue by FY27
Tata's battery venture Agratas secured a seven‑year, $530 million supply deal with Jaguar Land Rover, targeting $42 million in revenue by FY27. The pact locks in NMC and later LFP cells, giving JLR cost certainty while bolstering Agratas' scale‑up and India's shift away from China‑sourced EV components.