Tata Motors PV expects 15 pc market share 'very soon': MD Shailesh Chandra
Chandra said the passenger vehicle business has grown nearly 40 per cent over the past year.
Managing Director and CEO of Tata Motors Passenger Vehicles, Shailesh Chandra, has revealed that the company expects to achieve a 15 percent domestic market share in the passenger vehicles sector in the near future. Speaking to PTI, Chandra expressed that the company, now operating as a standalone entity following its demerger in October 2024, has grown by nearly 40 percent over the past year.
Chandra mentioned that electric vehicles are currently accounting for more than 25 percent of the company's total sales. He further elaborated on Tata Motors' commitment to sustainable and emission-friendly powertrains, and its focus on driving double-digit growth while continually introducing exciting new product categories to keep customers engaged.
The company's ambitious target of reaching 1.2 million annual sales and a 20 percent market share by FY31 underscores its determination to expand its presence across multiple growth avenues, including unexplored segments and newer powertrain technologies.
Written by urgent.news from Hindustan Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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