Tata Motors PV plots 10-fold growth to 1.2M vehicles, 20% market share by FY31
Post CV-PV demerger, Tata Motors' passenger vehicle arm targets tenfold volume growth to 1.2 million units and 20% market share by FY31. Plans include 30%+ EV mix, six new nameplates, 20+ product refreshes and double-digit EBITDA margins. Q1 FY27 market share stood at 14.2%.
Tata Motors PV targets tenfold growth by FY31 to 1.2 million vehicles and 20% market share, aiming for 30%+ EV mix, six new nameplates, 20+ refreshes, and double-digit EBITDA margins post CV-PV demerger.