Tata Motors Passenger Vehicles Ltd.

BSE: 500570 | NSE: TMPV
Large Cap | Automobiles - Passenger Cars
332.55
-0.45 (-0.14%)
< Home < Back

Tata Motors to add more outlets in tier-III, tier-IV towns: Report

Date: 06-07-2015

Tata Motors is reportedly set to add half of the planned new 1,000-plus outlets over the next four years in tier-III and tier-IV towns. The company is aiming to expand its retail network from 460 (as of April 30) to 1,500 over a four-year period. At present, the rural market brings 15 per cent of sales for the domestic operations.

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.