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Expansion▲ Bullish for Tata Motors PV
Tata Motors PV targets 20% market share by FY31 after nearing 15%
The brief
- Domestic market share is expected to cross 15% “very soon”
- The company is targeting 20% market share by FY31
- MD Shailesh Chandra said it aims for double-digit growth and leadership in zero-emission powertrains
- Growth and EV ambitions matter to Tata Motors PV investors and India’s passenger-vehicle sector
- Another price hike inevitable due to higher input costs: Tata Motors PV MD Shailesh Chandra
- Tata Motors PV weighs gradual price hikes as commodity costs threaten margins