Tata Motors has decided to make some strategic changes. The first and foremost is that it is entering into the combat vehicle manufacturing business. The other is that the company is planning to sell some of its stake from its vehicle sales division.

The auto company is now going to make combat vehicles which are mine protected. MD Tata Motors (Indian Operations) PM Telang informed that the aim of Tata Motors was to be present in every level of defense sector's value chain. It is going to do this by consolidating its traditional supply chains and entering into higher level of equipment manufacturing. Tata Motors will be looking forward to form partnerships.

The company already has its presence in defense sector ever since 1985.

Meanwhile, it is also eager to sell some stake in Tata Motors Finance Ltd. While no partner has been finalized till now, latest developments suggest that SBI my go ahead and buy stake.

India's largest bank wants to have a unit for giving loans to trucks and buses and this requirement can be fulfilled by having a share in TMFL.