Tata Motors PV eyes ₹6 trillion revenue, 1.2M units by FY31 in doubling bid
Tata Motors Passenger Vehicles unveiled a FY31 roadmap targeting near-doubling of revenue to ₹6 trillion and sales to 1.2 million units, backed by ₹330-350 billion in investment through FY30. EV and CNG vehicles are expected to drive over 600,000 incremental units, with the company chasing 20% market share and 10% EBIT margin.
Tata Motors Passenger Vehicles targets nearly doubling revenue to ₹6 trillion and sales to 1.2 million units by FY31, with EV and CNG vehicles driving over 600,000 incremental units. Plans ₹330-350 billion investment and 20% market share goal.
Why this matters
Tata Motors PV doubles down on EV-led growth after recent commercial-vehicle wins, including a 3,400+ eCV order and 154% EV freight volume jump in Q1 CY26.
Retail-company signals steady at 3,513 over the last 90 days.