| Vehicle Manufacturing | Light commercial vehicles, multi-utility vehicles, SUVs, monocoque vans and buses, defense vehicles, armoured variants. | Strong brand loyalty, deep engineering expertise, manufacturing scale, government and defense ties, and strategic partnerships. | B2B focus including fleet companies, government, defense sector, and specialized vehicle buyers. | Specialty vehicles like Gurkha and armoured variants, monocoque buses with advanced technology. | 6000 | 74 | Sales of vehicles to commercial clients, government, defense, and fleet operators. | Direct sales and contract-based pricing with options for customization and fleet purchases. | New product launches, growing fleet demand, defense contracts, export expansions, aspirational vehicle models in urban markets. | Traveller, Urbania, Gurkha, Monobus, Trax |
| Powertrain and Engine Manufacturing | Engine assembly and manufacturing for luxury cars, commercial vehicles, and power generation systems. | Technological collaborations, in-house R&D, exclusive contracts with global OEMs, high-quality manufacturing standards. | BMW India, Mercedes-Benz India, Rolls-Royce Power Systems, agricultural sector OEMs. | Custom engine solutions and power generation systems through JV with strong IP. | 1700 | 21 | Contract manufacturing and supply agreements with automotive OEMs and power system clients. | Long-term supply contracts, manufacturing service agreements. | Rising demand from luxury car makers, JV with Rolls-Royce, expansion in power generation and rail sectors. | BMW engines, Mercedes-Benz engines, Series 1600 MTU engines |
| Financial Services and Others | Vehicle financing and related financial services. | Integration with core vehicle sales; captive finance arm supports brand loyalty. | Vehicle buyers and fleet operators under financing schemes. | Vehicle loan financing with captive service advantages. | 50 | 1 | Interest income and financial service fees. | Loan interest, service charges. | Growing vehicle sales requiring financing options, supportive customer segments. | Tempo Finance (subsidiary) |
