Tata Motors PV targets 20% market share, 12L+ units by FY31

Tata Motors Passenger Vehicles plans to nearly double volumes from 6.4 lakh units in FY26 to 12 lakh+ by FY31, lifting share from 13.02% to 20%. Roadmap includes 15 nameplates, capacity expansion to 13 lakh units, and a retail network of 3,200 outlets, anchored by EV and CNG push.

— Filed Tue, 23 Jun, 2026, 20:57 IST · Source Business Today · Latest · Updated

Tata Motors PV targets 20% market share and 12 lakh+ units by FY31, nearly doubling volumes via EV and CNG push. Plans 15 nameplates, capacity expansion to 13 lakh units, and sales network growth to 3,200 outlets.