Tata Motors PV chair projects industry-leading FY27 growth on new launches, multi-powertrain bet

Chairman N Chandrasekaran says Tata Motors PV will outpace the industry in FY27, backed by fresh launches and a multi-powertrain strategy. TMPV sold 92,000 EVs in FY26 (+43.4%) and holds two-thirds of India's EV market. The new Panapakkam plant in Tamil Nadu is operational, while JLR targets a 3 lakh-unit breakeven.

— Filed Tue, 16 Jun, 2026, 12:49 IST · Source ET Small Business · Updated

Tata Motors Chairman Chandrasekaran projects industry-leading FY27 PV growth via new launches and multi-powertrain strategy. TMPV holds two-thirds EV share with 92,000 EVs sold in FY26 (+43.4%). New Panapakkam Tamil Nadu plant operational; JLR targets 3 lakh-unit breakeven.