Tata Motors plans to get listed at the Tokyo Stock Exchange as it is planning to raise more than 100 billion yen ($983million) in Japan for acquisitions and an additional long term funds of 40 billion yen ($1 billion) from Japan, said sources.

The Tokyo Stock Exchange is one of the biggest stock exchanges in the world following New York stock exchange and Dow-Jones, a private firm in USA. The Nikkei, a leading stocks firm is finalizing plans to list the shares as depository receipts on the brouse in  Japan.

The Japanese news report said that the Indian auto major Tata Motors is finalizing plans to list its shares in Tokyo Stock exchange from this summer. Tata Motors' American Depository Receipts (ADRs) are already listed on New York Stock Exchange, in USA.

Tata Motors grabbed global attention after the takeover of the iconic British luxury car brands- Jaguar and Land Rover from Ford Motors. The take over was worth $ 2.3billion but is now expected to touch $ 3billion. Tata is already raising these funds through a consortium of lending agencies across the globe.

Tata Motor which has launched the world’s cheapest small car,  Nano has a business turnover of nearly $ 30 billion, which is 3.2 percent of Indian GDP.