Business Traveller (India) - - INDIA CAR REPORT 2018 -

In FY'18, Tata Mo­tors, grew by 31 per cent in its Pas­sen­ger Ve­hi­cle Busi­ness Unit (PVBU). Home­grown auto ma­jor, Tata Mo­tors is an au­to­mo­tive man­u­fac­tur­ing com­pany and a mem­ber of the Tata Group. With a di­verse port­fo­lio that cov­ers a com­pre­hen­sive se­lec­tion of pas­sen­ger and com­mer­cial ve­hi­cles, the group has sub­sidiaries like Jaguar Land Rover, Tata His­pano, Tata Dae­woo, Tata Mo­tors Cars among oth­ers. Fo­cussing on the pas­sen­ger car mar­ket, at present, Tata Mo­tors is re­gain­ing mo­men­tum in the pas­sen­ger ve­hi­cle mar­ket by launch­ing new prod­ucts — Ti­ago Hatch­back, Hexa SUV, Tigor Com­pact Sedan and Nexon Com­pact SUV, in the last 18 months.

Ac­cord­ing to Fi­nan­cial Ex­press, Tata Mo­tors will invest `12,000 crore ($ 1.75 bil­lion) in In­dia in the pas­sen­ger car seg­ment over the course of the next 3 years. A large part of this fresh in­vest­ment will go to­wards meet­ing the de­mand for new ve­hi­cles from Tata Mo­tors.

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