Tata Motors Passenger Vehicles Ltd.

Tata Motors is expecting a growth of 10-15 per cent in its commercial vehicles (CV) sales during next fiscal, buoyed by recovery in the medium and heavy segments and an uptick in the economy.

The vehicle replacement cycle has already kicked in and that will drive up sales. Moreover, the Budget has focused a lot on infrastructure investments, which had been weak for the past three years. It will also help in increasing demand.

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.