Agretus Energy Storage Solutions Pvt Ltd, a subsidiary of Tata Group’s holding company Tata Sons, is going to set up a huge battery manufacturing plant in the UK. For this, the company has taken a foreign currency loan of 750 million pounds (about Rs 8,476 crore). According to the Economic Times report, 15 banks signed this two-year loan agreement, whose interest rate is slightly higher than the Sterling Overnight Index Average (SONIA). The deal is one of the largest Indian foreign currency loan deals of 2025.

This factory of Agretus will provide about half of the battery capacity of the UK automotive sector by 2030. According to a statement from the company, “This plant will be the largest battery factory in Britain, which will play an important role in meeting the demand of the automobile industry.” The move reflects the strategic expansion plan of the Tata Group amid global market volatility and rising tariffs. On the other hand, Shapoorji Pallonji Group, which holds 18.37% stake in Tata Sons, is advocating the listing of the company. SP Group says, “Listing will benefit all stakeholders.” This move can give a new direction to the global expansion and financial strategy of the Tata Group.