Tata Motors PV targets 20% market share, 12 lakh units by FY31
Tata Motors Passenger Vehicles plans to nearly double volumes from 6.4 lakh to 12 lakh units by FY31, lifting market share from 13.02% to 20%. The push expands the network from 1,669 to 3,200 sales outlets and 1,211 to 3,000 service points, scales capacity from 9 to 13 lakh units, and broadens the lineup to 15 nameplates via EV and CNG.
Tata Motors PV targets 20% market share and 12 lakh units by FY31, nearly doubling volumes via EV and CNG push, expanding to 15 nameplates, 3,200 sales outlets, and lifting capacity to 13 lakh units.