Tata Motors targets 20% PV and 40% CV market share with multi-year offensive
Tata Motors unveiled an aggressive growth roadmap: 20% PV market share by FY31 via a 26-model EV/CNG offensive, and 40% CV share by FY28 backed by 9 new models and the $4.4B Iveco acquisition. The plan targets ₹6 trillion revenue by FY31, up from ₹3.35 trillion in FY26 (-8%), though shares slipped 1.95%.
Tata Motors PV targets 20% market share by FY31 with 26-model offensive including EVs and CNG; CV arm aims for 40% share by FY28, leveraging Iveco acquisition and ASEAN expansion despite JLR-led FY26 losses.