Tata Motors PV targets industry-leading FY27 growth, holds two-thirds of India EV market

Chairman N Chandrasekaran projects FY27 outperformance on new launches and multi-powertrain push. TMPV sold 92,000 EVs in FY26 (+43.4%), commands two-thirds EV share, and brought its Panapakkam Tamil Nadu plant online. JLR working to lower breakeven from 3 lakh units; Net Zero target held at 2040.

— Filed Tue, 16 Jun, 2026, 12:28 IST · Source The Hindu BusinessLine · Updated

Tata Motors PV chairman N Chandrasekaran projects industry-leading FY27 growth via new launches and multi-powertrain strategy. TMPV holds two-thirds India EV share, sold 92,000 EVs in FY26 (+43.4%). New Panapakkam Tamil Nadu plant operational; JLR targets breakeven reduction.