Tata Motors Passenger Vehicles Ltd.

BSE: 500570 | NSE: TMPV
Large Cap | Automobiles - Passenger Cars
350.25
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Tata Motors to launch two vehicles every year till 2020

Date: 21-08-2014

Tata Motors is planning to launch two vehicles every year till 2020 as the company is looking to ramp up its product portfolio in the competitive Indian car market. The company in the previous year launched 8 variants across five brands.

The company has launched its compact sedan Zest in the NCR, priced between Rs 4.64 lakh and Rs 6.99 lakh (ex-showroom Delhi) and is also working to upgrade its sales and service network. While, Zest is the first model launched this year, this will be followed up by compact model Bolt soon.

Further, the company, which is manufacturing the model at its Pimpri and Ranjangaon plant in Pune, is planning to start exporting the car to global markets from the next year.Tata Motors is India's largest automobile company, is the leader in commercial vehicles in each segment, and among the top in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments. It is also the world's fourth largest truck and bus manufacturer.