Established in the year 1945, Tata Motors is Asia’s largest and world’s 17th largest automobile manufacturing business. Car makers are making India an export hub for markets such as Africa, Latin America and the Middle East, he adds. This extension of 2011 California loan limits is the exact same for California FHA limits. The organization plans to raise Rs five,000 crore from the marketplace for plant expansion, besides investing Rs three,500 crore in capex and new investment every year over the subsequent 3 years. The era, 1950s – early 1990s was recognized as ‘license raj,’ when India was closed to the globe and imports.