Tata Motors (TTM) 20-F 2016 FY Annual report (foreign)

EXHIBIT 8.1

We have the following subsidiaries as at March 31, 2016:

Sr No.	Name of the Subsidiary Company	Country of incorporation	% of Equity Shareholding
1.	Concorde Motors (India) Ltd.	India		100.00
2.	Sheba Properties Ltd.	India		100.00
3.	TAL Manufacturing Solutions Ltd.	India		100.00
4.	Tata Motors European Technical Centre Plc.	UK		100.00
5.	Tata Motors Insurance Broking and Advisory Services Ltd.	India		100.00
6.	Tata Motors Finance Ltd.	India		100.00
7.	TML Holdings Pte. Ltd.	Singapore		100.00
8.	Tata Daewoo Commercial Vehicle Co. Ltd.	South Korea		100.00
9.	Tata Daewoo Commercial Vehicle Sales and Distribution Co. Ltd.	South Korea		100.00
10.	Tata Motors (Thailand) Ltd.	Thailand		95.28
11.	Tata Motors (SA) (Proprietary) Ltd.	South Africa		60.00
12.	TML Distribution Company Ltd.	India		100.00
13.	Tata Hispano Motors Carrocera S.A.	Spain		100.00
14.	Tata Hispano Motors Carrocerries Maghreb SA	Morocco		100.00
15.	TML Drivelines Ltd.	India		100.00
16.	PT Tata Motors Indonesia	Indonesia		100.00
17.	PT Tata Motors Distribusi Indonesia	Indonesia		100.00
18.	Trilix S.r.l.	Italy		80.00
19.	Tata Precision Industries Pte. Ltd.	Singapore		78.39
20.	Tata Marcopolo Motors Ltd.	India		51.00
21.	Tata Technologies Ltd.	India		72.32
22.	Tata Technologies (Thailand) Ltd.	Thailand		72.32
23.	Tata Technologies Pte. Ltd.	Singapore		72.32
24.	INCAT International Plc.	UK		72.32
25.	Tata Technologies Europe Ltd	UK		72.32
26.	INCAT GmbH	Germany		72.32
27.	Tata Technologies Inc.	USA		72.37
28.	Tata Technologies de Mexico, S.A. de C.V.	Mexico		72.37
29.	Tata Technologies (Canada) Inc.	Canada		72.37
30.	Tata Technologies SRL	Romania		72.32
31.	Cambric Limited	Bahamas		72.32
32.	Cambric GmbH	Germany		72.32
33.	Cambric UK Limited	UK		72.32
34.	Midwest Managed Services Inc	USA		72.32
35.	Cambric Manufacturing Technologies (Shanghai) Co. Limited	China		72.32
36.	Jaguar Land Rover Automotive plc	UK		100.00
37.	Jaguar Land Rover Ltd.	UK		100.00
38.	Jaguar Land Rover Austria GmbH	Austria		100.00
39.	Jaguar Land Rover Belux NV	Belgium		100.00
40.	Jaguar Land Rover Japan Ltd.	Japan		100.00
41.	Jaguar Cars South Africa (Pty) Ltd.	South Africa		100.00
42.	Jaguar Land Rover Italia Spa	Italy		100.00
43.	JLR Nominee Company Limited	UK		100.00
44.	The Daimler Motor Company Ltd.	UK		100.00
45.	The Jaguar Collection Ltd.	UK		100.00
46.	Daimler Transport Vehicles Ltd.	UK		100.00
47.	S.S. Cars Ltd.	UK		100.00
48.	The Lanchester Motor Company Ltd.	UK		100.00
49.	Jaguar Land Rover Espana SL	Spain		100.00

Sr No.	Name of the Subsidiary Company	Country of incorporation	% of Equity Shareholding
50.	Jaguar Land Rover Deutschland GmbH	Germany		100.00
51.	Land Rover Ireland Ltd.	UK		100.00
52.	Jaguar Land Rover North America LLC	USA		100.00
53.	Jaguar Land Rover Nederland BV	Netherlands		100.00
54.	Jaguar Land Rover Portugal - Veiculos e Pecas, LDA	Portugal		100.00
55.	Jaguar Land Rover Australia Pty Ltd	Australia		100.00
56.	Jaguar Land Rover Korea Co. Ltd	South Korea		100.00
57.	Jaguar Land Rover Automotive Trading (Shanghai) Co. Ltd.	China		100.00
58.	Jaguar Land Rover Canada ULC	Canada		100.00
59.	Jaguar Land Rover France, SAS	France		100.00
60.	Jaguar Land Rover (South Africa) (Pty) Ltd	South Africa		100.00
61.	Jaguar e Land Rover Brasil Importacao e Comercia de Veiculos Ltda	Brazil		100.00
62.	Limited Liability Company “Jaguar Land Rover” (Russia)	Russia		100.00
63.	Silkplan Ltd.	UK		100.00
64.	Jaguar Land Rover (South Africa) Holdings Ltd.	UK		100.00
65.	Jaguar Land Rover Holdings Limited	UK		100.00
66.	Jaguar Land Rover India Ltd	India		100.00
67.	Jaguar Cars Limited	UK		100.00
68.	Land Rover Exports Limited	UK		100.00
69.	Shanghai Jaguar Land Rover Automotive Services Company Limited	China		100.00
70.	Jaguar Land Rover Pension Trustees Limited	UK		100.00
71.	JDHT Limited	UK		100.00
72.	Tata Motors Finance Solutions Limited	India		100.00
73.	Jaguar Land Rover Slovakia s.r.o.	Slovakia		100.00
74.	Jaguar Land Rover Singapore Pte Ltd	Singapore		100.00
75.	Jaguar Racing Ltd	UK		100.00
76.	InMotion Ventures Limited	UK		100.00
77.	TMNL Motor Services Nigeria Ltd	Nigeria		100.00