Tata Motors to lift PV capacity 45% to 1.3M units, commit Rs 40,000 cr by FY31
Tata Motors will expand passenger vehicle capacity from 900,000 to 1.3 million units and invest Rs 40,000 crore by FY31. Six new nameplates including Sierra EV and Safari EV target a 20% domestic share, with EV penetration set at 30%.
Tata Motors plans to raise PV capacity 45% to 1.3 million units and invest Rs 40,000 crore by FY31, launching six new nameplates including Sierra EV and Safari EV, targeting 20% domestic market share.
Why this matters
Reinforces Tata Motors' 15-model FY31 blitz and PV-arm Rs 40,000 cr plan, tying capacity build-out to the Sierra EV launch and a 20% market share goal.
Retail-company signals steady at 3,650 over the last 90 days.