-1.20 (-0.36%) Tata Motors is planning to launch a new small commercial vehicle (SCV) -- Magic Mantra -- in October, thereby expanding product range under its popular public transport vehicle ‘Tata Magic’. The 40 HP Magic Mantra will be the newest entrant in the Tata Magic range, which have already scaled the 3 lakh units sales milestone in the country.
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.