Tata Motors' JLR Secures £500 Million Loan to Address Cyberattack Fallout
Jaguar Land Rover (JLR), a subsidiary of Tata Motors, plans to raise a private loan of up to £500 million to support its supplier base and stabilize operations following a September cyberattack. This is in addition to a £1.50 billion UK government-backed guarantee and a reported £2.00 billion in additional bank funding. JLR is initiating a phased restart of its global production network and implementing supplier support measures, including a dedicated help desk and manual payment system. Full recovery is not expected before Christmas. Tata Motors shares closed flat at Rs 716.00 on the BSE.

*this image is generated using AI for illustrative purposes only.
Tata Motors , through its subsidiary Jaguar Land Rover (JLR), has announced plans to raise a privately arranged loan of up to £500 million to support its supplier base and stabilize operations following a cyberattack in early September that brought production facilities to a standstill.
Financial Support and Recovery Plans
JLR's financial strategy to address the cyberattack impact includes:
Measure | Amount | Purpose |
---|---|---|
Private Loan | Up to £500 million | Support supplier base and stabilize operations |
UK Government Guarantee | £1.50 billion | Separate state-backed guarantee |
Additional Bank Funding | £2.00 billion (reportedly) | Strengthen financial position |
The £500 million loan is separate from the £1.50 billion state-backed guarantee announced by UK government ministers. Additionally, JLR is reportedly seeking to raise an extra £2.00 billion from banks to bolster its financial standing.
Production Restart and Supplier Support
JLR has outlined the following steps to address the situation:
- Initiate a phased restart of its global production network
- Implement measures to support suppliers, including:
- A dedicated help desk
- Manual payment system
However, the company anticipates that full recovery is unlikely to occur before Christmas.
Market Impact
The news of JLR's financial measures and production challenges has had a limited immediate impact on Tata Motors' stock performance. Tata Motors shares closed flat at Rs 716.00 on the BSE on Friday.
This situation highlights the significant impact of cybersecurity threats on global manufacturing operations and supply chains. It also demonstrates the importance of rapid response and financial flexibility in mitigating such disruptions.
Historical Stock Returns for Tata Motors
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-1.24% | +5.16% | -1.71% | +21.98% | -23.78% | +388.57% |