Tata Motors PV arm targets 1.2M annual sales, 20% market share by FY31
Tata Motors' passenger vehicle business aims to nearly double sales to 1.2 million units and capture 20% domestic market share by FY31, up from 14.2% in Q1 FY27. The plan rides on six new nameplates, 20+ refreshes, deeper JLR collaboration, and EVs contributing over 30% of PV sales by decade-end.
Tata Motors' passenger vehicle arm targets 1.2 million annual sales and 20% domestic market share by FY31, backed by six new nameplates, 20+ refreshes, deeper JLR collaboration, and EVs contributing over 30% of sales.