Tata Motors is planning to drive in new models, expand its sales network as it aims to maintain its double-digit market share in the highly competitive domestic market. The auto major, which sells models including Nexon, Harrier, and Safari, has clawed its way up to over 10 percent market share in the passenger vehicle space in July this year after a span of nine years and now plans to hold on to it with a slew of measures. To bring additional volumes and bring more customers to its fold, the company plans to add around 250 sales outlets by the end of the fiscal.
Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.
| Company Name | CMP |
|---|---|
| Tata MotorsPassenger | 355.35 |
| Maruti Suzuki | 13725.40 |
| Mahindra & Mahindra | 3329.50 |
| Hyundai Motor India | 1852.45 |
| Mercury Metals | 30.94 |
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