Tata Motors maps 20% PV and 40% CV share targets, banking on EVs, CNG and Iveco buyout
At its investor day, Tata Motors set FY31 PV market share goal of 20% via 26 new models skewed to EV/CNG, while the CV arm targets 40% share by FY28 leveraging the $4.4B Iveco acquisition and 9 new launches. Group revenue target: ₹6 trillion by FY31, up from ₹3.35 trillion.
Tata Motors PV targets 20% market share by FY31 with 26-model offensive heavy on EV and CNG; CV arm aims for 40% share by FY28, leveraging Iveco acquisition and new small-CV/pickup launches for domestic and export growth.