Pb Balaji

Chief Executive Officer, Jlr Jaguar L Rover

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). Balaji described the plan as having three components: sales enhancement, cost and cash management, and capability improvements. He stated that the company aimed to remove 2.5 billion in costs over 18 months, including 1 billion from capital expenditure, and to improve working capital by at least 500 million. Balaji also outlined a four-part strategy for JLR focusing on product, geography, cost, and the balance sheet, noting a plan to expand from 12 to 16 nameplates over three to four years and to offer electric options on all models by 2020. Regarding JLR's performance in China, Balaji said 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, citing a reorientation toward Land Rover over Jaguar in recent sales. Balaji attributed JLR's challenges primarily to the Chinese market, while stating that other markets were expected to meet growth targets despite headwinds such as diesel taxes, Brexit, and tariffs.