Tata Motors PV chief guides 10% India passenger vehicle growth in FY27

TMPV CEO Shailesh Chandra projects ~10% PV sales growth for FY27, citing sustained GST 2.0 momentum and strong April-May demand. Flags fuel price hikes shifting mix toward CNG/EVs, with commodity pressures potentially forcing sticker hikes.

— Filed Thu, 14 May, 2026, 21:17 IST · Source ET Small Business · Updated

TMPV CEO Shailesh Chandra expects India passenger vehicle sales to grow ~10% in FY27, citing sustained GST 2.0 momentum and strong April-May demand. Fuel price hikes could shift mix toward CNG/EVs; commodity pressures may force price hikes.