Tata Motors PV targets 1.2 million annual sales, 20% market share by FY31

Post-demerger Tata Motors Passenger Vehicles unveils FY31 growth plan: 1.2 million annual sales, 20% market share, six new nameplates, 20+ refreshes and 30% EV contribution. Backed by record FY26 India revenue of Rs 58,465 crore, up 20.7%, and Q1 FY27 market share of 14.2%.

— Filed Wed, 8 Jul, 2026, 12:35 IST · Source The Hindu BusinessLine · Updated

Post-demerger Tata Motors Passenger Vehicles unveils FY31 plan targeting 1.2 million annual sales, 20% market share, six new nameplates, 20+ refreshes and 30% EV contribution, backed by record FY26 India revenue of Rs 58,465 crore.