EXHIBIT 8.1

We had the following subsidiaries as at March 31, 2018:



|        |  |                                                                       |  |                         |              |  |                          |  |        | 
|------- |  | --------------------------------------------------------------------- |  | ----------------------- | ------------ |  | ------------------------ |  | ------ | 
|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       |  | TMF Holdings Limited (formerly known as 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        |  |                          |  | 72.29  | 
|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     |  |                          |  | 95.49  | 
|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 Holdings Limited                                    |  |                         | UK           |  |                          |  | 100.00 | 
|        |  | (iii) Subsidiaries of Jaguar Land Rover Holdings Limited              |  |                         |              |  |                          |  |        | 
|24      |  | Jaguar Land Rover Limited                                             |  |                         | UK           |  |                          |  | 100.00 | 
|25      |  | Jaguar Land Rover Austria GmbH                                        |  |                         | Austria      |  |                          |  | 100.00 | 
|26      |  | Jaguar Land Rover Japan Limited                                       |  |                         | Japan        |  |                          |  | 100.00 | 
|27      |  | JLR Nominee Company Limited                                           |  |                         | UK           |  |                          |  | 100.00 | 
|28      |  | Jaguar Land Rover Deutschland GmbH                                    |  |                         | Germany      |  |                          |  | 100.00 | 
|29      |  | Jaguar Land Rover North America LLC                                   |  |                         | USA          |  |                          |  | 100.00 | 
|30      |  | Jaguar Land Rover Nederland BV                                        |  |                         | Netherlands  |  |                          |  | 100.00 | 
|31      |  | Jaguar Land Rover Portugal - Veículos e Peças, Lda.                   |  |                         | Portugal     |  |                          |  | 100.00 | 
|32      |  | Jaguar Land Rover Australia Pty Limited                               |  |                         | Australia    |  |                          |  | 100.00 | 
|33      |  | Jaguar Land Rover Italia Spa                                          |  |                         | Italy        |  |                          |  | 100.00 | 
|34      |  | Jaguar Land Rover Korea Company Limited                               |  |                         | South Korea  |  |                          |  | 100.00 | 
|35      |  | Jaguar Land Rover (China) Investment Co. Limited                      |  |                         | China        |  |                          |  | 100.00 | 



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|        |  |                                                                  |  |                         |  |                          |        | 
|------- |  | ---------------------------------------------------------------- |  | ----------------------- |  | ------------------------ | ------ | 
|Sr. No. |  | Name of the Subsidiary Company                                   |  | Country ofincorporation |  | % of 
EquityShareholding |       
|36      |  | Jaguar Land Rover Canada ULC                                     |  | Canada                  |  |                          | 100.00 | 
|37      |  | Jaguar Land Rover France, SAS                                    |  | France                  |  |                          | 100.00 | 
|38      |  | Jaguar Land Rover (South Africa) (Pty) Limited                   |  | South Africa            |  |                          | 100.00 | 
|39      |  | Jaguar e Land Rover Brasil Indústria e Comércio de Veículos LTDA |  | Brazil                  |  |                          | 100.00 | 
|40      |  | Limited Liability Company Jaguar Land Rover (Russia)           |  | Russia                  |  |                          | 100.00 | 
|41      |  | Jaguar Land Rover (South Africa) Holdings Limited                |  | South Africa            |  |                          | 100.00 | 
|42      |  | Jaguar Land Rover India Limited                                  |  | India                   |  |                          | 100.00 | 
|43      |  | Jaguar Land Rover Espana SL                                      |  | Spain                   |  |                          | 100.00 | 
|44      |  | Jaguar Land Rover Belux NV                                       |  | Belgium                 |  |                          | 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                                      |  | UK                      |  |                          | 100.00 | 
|61      |  | InMotion Ventures 2 Limited                                      |  | UK                      |  |                          | 100.00 | 
|62      |  | InMotion Ventures 3 Limited                                      |  | UK                      |  |                          | 100.00 | 
|63      |  | Jaguar Land Rover Colombia S.A.S                                 |  | Columbia                |  |                          | 100.00 | 
|64      |  | Jaguar Land Rover Ireland (Services) Limited                     |  | Ireland                 |  |                          | 100.00 | 
|65      |  | Jaguar Land Rover Taiwan Company Limited                         |  | Taiwan                  |  |                          | 100.00 | 
|66      |  | Jaguar Land Rover Servicios México, S.A. de C.V.                 |  | Mexico                  |  |                          | 100.00 | 
|67      |  | Jaguar Land Rover México, S.A.P.I. de C.V.                       |  | Mexico                  |  |                          | 100.00 | 
|68      |  | Spark44 (JV) Limited                                             |  | UK                      |  |                          | 50.50  | 
|        |  | (iv) Subsidiaries of Spark44 (JV) Limited                        |  |                         |  |                          |        | 
|69      |  | Spark44 Pty. Ltd.                                                |  | Australia               |  |                          | 50.50  | 
|70      |  | Spark44 GmbH                                                     |  | Germany                 |  |                          | 50.50  | 
|71      |  | Spark44 LLC                                                      |  | USA                     |  |                          | 50.50  | 
|72      |  | Spark44 Shanghai Limited                                         |  | China                   |  |                          | 50.50  | 
|73      |  | Spark44 DMCC                                                     |  | UAE                     |  |                          | 50.50  | 
|74      |  | Spark44 Demand Creation Partners Pvt. Limited                    |  | India                   |  |                          | 50.50  | 
|75      |  | Spark44 Limited                                                  |  | UK                      |  |                          | 50.50  | 
|76      |  | Spark44 Singapore Pte. Ltd.                                      |  | Singapore               |  |                          | 50.50  | 
|77      |  | Spark44 Communications SL                                        |  | Spain                   |  |                          | 50.50  | 



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|        |  |                                                                          |  |                         |  |                          |        | 
|------- |  | ------------------------------------------------------------------------ |  | ----------------------- |  | ------------------------ | ------ | 
|Sr. No. |  | Name of the Subsidiary Company                                           |  | Country ofincorporation |  | % of 
EquityShareholding |       
|78      |  | Spark44 S.r.l.                                                           |  | Italy                   |  |                          | 50.50  | 
|79      |  | Spark44 Seoul Limited                                                    |  | Korea                   |  |                          | 50.50  | 
|80      |  | Spark44 Japan K.K.                                                       |  | Japan                   |  |                          | 50.50  | 
|81      |  | Spark44 Canada Inc.                                                      |  | Canada                  |  |                          | 50.50  | 
|82      |  | Spark44 Pty. Limited                                                     |  | South Africa            |  |                          | 50.50  | 
|        |  | (v) Subsidiaries of Tata Technologies Limited                            |  |                         |  |                          |        | 
|83      |  | Tata Technologies Pte Limited                                            |  | Singapore               |  |                          | 72.29  | 
|84      |  | Tata Technologies (Thailand) Limited                                     |  | Thailand                |  |                          | 72.29  | 
|85      |  | Tata Manufacturing Technologies (Shanghai) Limited                       |  | China                   |  |                          | 72.29  | 
|86      |  | INCAT International Plc.                                                 |  | UK                      |  |                          | 72.29  | 
|87      |  | INCAT GmbH                                                               |  | Germany                 |  |                          | 72.29  | 
|88      |  | Tata Technologies Europe Limited                                         |  | UK                      |  |                          | 72.29  | 
|89      |  | Escenda Engineering AB                                                   |  | Sweden                  |  |                          | 72.29  | 
|90      |  | Tata Technologies Inc.                                                   |  | USA                     |  |                          | 72.35  | 
|91      |  | Tata Technologies de Mexico, S.A. de C.V.                                |  | Mexico                  |  |                          | 72.35  | 
|92      |  | Cambric GmbH                                                             |  | Germany                 |  |                          | 72.35  | 
|93      |  | Cambric Limited                                                          |  | USA                     |  |                          | 72.32  | 
|94      |  | Tata Technologies SRL Romania                                            |  | Romania                 |  |                          | 72.32  | 
|        |  | (vi) Subsidiaries of TMF Holdings Ltd.                                   |  |                         |  |                          |        | 
|95      |  | Tata Motors Finance Solutions Limited                                    |  | India                   |  |                          | 100.00 | 
|96      |  | Tata Motors Finance Limited (formerly known as Sheba Properties Limited) |  | India                   |  |                          | 100.00 | 



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