EXHIBIT 8.1

We had the following subsidiaries as at March 31, 2017:



|        |  |                                                                                                                                                         |  |                         |              |  |                          |  |        | 
|------- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------- |  | ----------------------- | ------------ |  | ------------------------ |  | ------ | 
|Sr. No. |  | Name of the Subsidiary Company                                                                                                                          |  | Country ofincorporation |              |  | % of 
EquityShareholding | 
|        |  | (A) DIRECT SUBSIDIARIES                                                                                                                                 |  |                         |              |  |                          |  |        | 
|1       |  | Concorde Motors (India) Limited                                                                                                                         |  |                         | India        |  |                          |  | 100.00 | 
|2       |  | TAL Manufacturing Solutions Limited                                                                                                                     |  |                         | India        |  |                          |  | 100.00 | 
|3       |  | Tata Motors European Technical Centre PLC                                                                                                               |  |                         | UK           |  |                          |  | 100.00 | 
|4       |  | Tata Motors Insurance Broking and Advisory Services Limited                                                                                             |  |                         | India        |  |                          |  | 100.00 | 
|5       |  | Tata Motors Finance Limited                                                                                                                             |  |                         | India        |  |                          |  | 100.00 | 
|6       |  | TML Holdings Pte. Limited                                                                                                                               |  |                         | UK           |  |                          |  | 100.00 | 
|7       |  | TML Distribution Company Limited                                                                                                                        |  |                         | India        |  |                          |  | 100.00 | 
|8       |  | Tata Hispano Motors Carrocera S.A.                                                                                                                      |  |                         | Spain        |  |                          |  | 100.00 | 
|9       |  | Tata Hispano Motors Carrocerries Maghreb SA                                                                                                             |  |                         | Morocco      |  |                          |  | 100.00 | 
|10      |  | TML Drivelines Limited                                                                                                                                  |  |                         | India        |  |                          |  | 100.00 | 
|11      |  | Trilix S.r.l.                                                                                                                                           |  |                         | Italy        |  |                          |  | 80.00  | 
|12      |  | Tata Precision Industries Pte. Limited                                                                                                                  |  |                         | Singapore    |  |                          |  | 78.39  | 
|13      |  | Tata Technologies Limited                                                                                                                               |  |                         | India        |  |                          |  | 72.30  | 
|14      |  | Tata Marcopolo Motors Limited                                                                                                                           |  |                         | India        |  |                          |  | 51.00  | 
|        |  | (B) INDIRECT SUBSIDIARIES                                                                                                                               |  |                         |              |  |                          |  |        | 
|        |  | (i) Subsidiaries of TML Holdings Pte. Ltd.                                                                                                              |  |                         |              |  |                          |  |        | 
|15      |  | Tata Daewoo Commercial Vehicle Company Limited                                                                                                          |  |                         | South Korea  |  |                          |  | 100.00 | 
|16      |  | Tata Daewoo Commercial Vehicle Sales and Distribution Company Limited                                                                                   |  |                         | South Korea  |  |                          |  | 100.00 | 
|17      |  | Tata Motors (Thailand) Limited                                                                                                                          |  |                         | Thailand     |  |                          |  | 95.28  | 
|18      |  | Tata Motors (SA) (Proprietary) Limited                                                                                                                  |  |                         | South Africa |  |                          |  | 60.00  | 
|19      |  | PT Tata Motors Indonesia                                                                                                                                |  |                         | Indonesia    |  |                          |  | 100.00 | 
|20      |  | PT Tata Motors Distribusi Indonesia                                                                                                                     |  |                         | Indonesia    |  |                          |  | 100.00 | 
|21      |  | TMNL Motor Services Nigeria Limited                                                                                                                     |  |                         | Nigeria      |  |                          |  | 100.00 | 
|22      |  | Jaguar Land Rover Automotive Plc                                                                                                                        |  |                         | UK           |  |                          |  | 100.00 | 
|        |  | (ii) Subsidiaries of Jaguar Land Rover Automotive Plc                                                                                                   |  |                         |              |  |                          |  |        | 
|23      |  | Jaguar Land Rover Limited                                                                                                                               |  |                         | UK           |  |                          |  | 100.00 | 
|24      |  | Jaguar Land Rover Austria GmbH                                                                                                                          |  |                         | Austria      |  |                          |  | 100.00 | 
|25      |  | Jaguar Land Rover Japan Limited                                                                                                                         |  |                         | Japan        |  |                          |  | 100.00 | 
|26      |  | JLR Nominee Company Limited                                                                                                                             |  |                         | UK           |  |                          |  | 100.00 | 
|27      |  | Jaguar Land Rover Deutschland GmbH                                                                                                                      |  |                         | Germany      |  |                          |  | 100.00 | 
|28      |  | Jaguar Land Rover North America LLC                                                                                                                     |  |                         | USA          |  |                          |  | 100.00 | 
|29      |  | Jaguar Land Rover Nederland BV                                                                                                                          |  |                         | Netherlands  |  |                          |  | 100.00 | 
|30      |  | Jaguar Land Rover Portugal - Veículos e Peças, Lda.                                                                                                     |  |                         | Portugal     |  |                          |  | 100.00 | 
|31      |  | Jaguar Land Rover Australia Pty Limited                                                                                                                 |  |                         | Australia    |  |                          |  | 100.00 | 
|32      |  | Jaguar Land Rover Italia Spa                                                                                                                            |  |                         | Italy        |  |                          |  | 100.00 | 
|33      |  | Jaguar Land Rover Korea Company Limited                                                                                                                 |  |                         | South Korea  |  |                          |  | 100.00 | 
|34      |  | Jaguar Land Rover (China) Investment Co. Limited (Renamed from Jaguar Land Rover Automotive Trading (Shanghai) Company Limited w.e.f.
November 1, 2016) |  |                         | China        |  |                          |  | 100.00 | 



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|        |  |                                                                        |  |                         |  |                         |        | 
|------- |  | ---------------------------------------------------------------------- |  | ----------------------- |  | ----------------------- | ------ | 
|Sr. No. |  | Name of the Subsidiary Company                                         |  | Country ofincorporation |  | % of EquityShareholding |       
|35      |  | Jaguar Land Rover Canada ULC                                           |  | Canada                  |  |                         | 100.00 | 
|36      |  | Jaguar Land Rover France, SAS                                          |  | France                  |  |                         | 100.00 | 
|37      |  | Jaguar Land Rover (South Africa) (Pty) Limited                         |  | South Africa            |  |                         | 100.00 | 
|38      |  | Jaguar e Land Rover Brasil Indústria e Comércio de Veículos LTDA       |  | Brazil                  |  |                         | 100.00 | 
|39      |  | Limited Liability Company Jaguar Land Rover (Russia)                 |  | Russia                  |  |                         | 100.00 | 
|40      |  | Jaguar Land Rover (South Africa) Holdings Limited                      |  | South Africa            |  |                         | 100.00 | 
|41      |  | Jaguar Land Rover India Limited                                        |  | India                   |  |                         | 100.00 | 
|42      |  | Jaguar Land Rover Espana SL                                            |  | Spain                   |  |                         | 100.00 | 
|43      |  | Jaguar Land Rover Belux NV                                             |  | Belgium                 |  |                         | 100.00 | 
|44      |  | Jaguar Land Rover Holdings Limited                                     |  | UK                      |  |                         | 100.00 | 
|45      |  | Jaguar Cars South Africa (Pty) Limited                                 |  | South Africa            |  |                         | 100.00 | 
|46      |  | The Jaguar Collection Limited                                          |  | UK                      |  |                         | 100.00 | 
|47      |  | Jaguar Cars Limited                                                    |  | UK                      |  |                         | 100.00 | 
|48      |  | Land Rover Exports Limited                                             |  | UK                      |  |                         | 100.00 | 
|49      |  | Land Rover Ireland Limited                                             |  | Ireland                 |  |                         | 100.00 | 
|50      |  | The Daimler Motor Company Limited                                      |  | UK                      |  |                         | 100.00 | 
|51      |  | Daimler Transport Vehicles Limited                                     |  | UK                      |  |                         | 100.00 | 
|52      |  | S.S. Cars Limited                                                      |  | UK                      |  |                         | 100.00 | 
|53      |  | The Lanchester Motor Company Limited                                   |  | UK                      |  |                         | 100.00 | 
|54      |  | Shanghai Jaguar Land Rover Automotive Services Company Limited         |  | China                   |  |                         | 100.00 | 
|55      |  | Jaguar Land Rover Pension Trustees Limited                             |  | UK                      |  |                         | 100.00 | 
|56      |  | Jaguar Land Rover Slovakia s.r.o                                       |  | Slovakia                |  |                         | 100.00 | 
|57      |  | Jaguar Land Rover Singapore Pte. Ltd.                                  |  | Singapore               |  |                         | 100.00 | 
|58      |  | Jaguar Racing Limited                                                  |  | UK                      |  |                         | 100.00 | 
|59      |  | InMotion Ventures Limited                                              |  | UK                      |  |                         | 100.00 | 
|60      |  | InMotion Ventures 1 Limited (Incorporated w.e.f. October 25, 2016)     |  | UK                      |  |                         | 100.00 | 
|61      |  | InMotion Ventures 2 Limited(Incorporated w.e.f. October 25, 2016)      |  | UK                      |  |                         | 100.00 | 
|62      |  | InMotion Ventures 3 Limited (Incorporated w.e.f. October 25, 2016)     |  | UK                      |  |                         | 100.00 | 
|63      |  | Jaguar Land Rover Colombia S.A.S (Incorporated w.e.f. August 22, 2016) |  | Columbia                |  |                         | 100.00 | 
|        |  | (iii) Subsidiaries of Tata Technologies Ltd.                           |  |                         |  |                         |        | 
|64      |  | Tata Technologies Inc.                                                 |  | USA                     |  |                         | 72.36  | 
|65      |  | Tata Technologies de Mexico, S.A. de C.V.                              |  | Mexico                  |  |                         | 72.36  | 
|66      |  | Tata Technologies Pte Limited                                          |  | Singapore               |  |                         | 72.30  | 
|67      |  | Tata Technologies (Thailand) Limited                                   |  | Thailand                |  |                         | 72.30  | 
|68      |  | Tata Technologies Europe Limited                                       |  | UK                      |  |                         | 72.30  | 
|69      |  | INCAT International Plc.                                               |  | UK                      |  |                         | 72.30  | 
|70      |  | INCAT GmbH                                                             |  | Germany                 |  |                         | 72.30  | 
|71      |  | Cambric Limited                                                        |  | Bahamas                 |  |                         | 72.33  | 
|72      |  | Tata Technologies SRL Romania                                          |  | Romania                 |  |                         | 72.33  | 
|73      |  | Cambric GmbH                                                           |  | Germany                 |  |                         | 72.36  | 
|74      |  | Cambric UK Limited                                                     |  | UK                      |  |                         | 72.36  | 



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|        |  |                                                                                                                                                    |  |                         |       |  |                         |  |        | 
|------- |  | -------------------------------------------------------------------------------------------------------------------------------------------------- |  | ----------------------- | ----- |  | ----------------------- |  | ------ | 
|Sr. No. |  | Name of the Subsidiary Company                                                                                                                     |  | Country ofincorporation |       |  | % of EquityShareholding | 
|75      |  | Midwest Managed Services Inc.                                                                                                                      |  |                         | USA   |  |                         |  | 72.36  | 
|76      |  | Tata Manufacturing Technologies (Shanghai) Limited (Renamed Cambric Manufacturing Technologies (Shanghai) Company Limited w.e.f February
22, 2017) |  |                         | China |  |                         |  | 72.30  | 
|        |  | (iv) Subsidiaries of Tata Motors Finance Ltd.                                                                                                      |  |                         |       |  |                         |  |        | 
|77      |  | Tata Motors Finance Solutions Limited                                                                                                              |  |                         | India |  |                         |  | 100.00 | 
|78      |  | Sheba Properties Limited                                                                                                                           |  |                         | India |  |                         |  | 100.00 | 



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