Pb Balaji

Chief Executive Officer, JLR, Jaguar L Rover Jlr - Jaguar Br

Search every verified Pb Balaji interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In a January 2019 interview with ET Now, Tata Motors CFO P.B. Balaji discussed the company's turnaround plan for Jaguar Land Rover (JLR). He described the plan as having three buckets: sales enhancement, cost and cash management, and capability building. Balaji stated that the company aimed to remove 2.5 billion dollars in costs over 18 months, including 1 billion from capital expenditure and 500 million from improved working capital. He said the product pipeline included new models such as the Evoque and Defender, and that JLR planned to expand from 12 to 16 nameplates over the next three to four years, with all nameplates available on some electric option by 2020. Balaji also addressed JLR's challenges in China, stating that the company was shifting from a push strategy focused on volume to a pull strategy emphasizing branding, dealer profitability, and exclusivity. He expressed confidence that the strategy was working, noting a reorientation toward Land Rover over Jaguar. Balaji said that with the cost reductions, JLR's threshold EBITDA margins would move from about 10% to about 14%, and that the business would become cash accretive with capital expenditure committed at 11-12% going forward.