Tata Motors Passenger Vehicles Ltd.

Tata Motors has raised prices of its passenger vehicles by up to Rs 35,000 with immediate effect to offset the impact of infrastructure cess proposed in the Budget 2016-17. The hike in the passenger vehicles will be in a range of about Rs 2,000 to Rs 35,000, based on the exact cess amount for the specific category.

The total sales of passenger and commercial vehicles (including exports) rose 6 percent to 46,674 vehicles in February, compared with 44,233 units sold during the same month a year ago. The domestic sale of commercial and passenger vehicles rose 3 percent to 41,532 units (40,322 vehicles in February 2015), while cumulative sales (including exports) for the fiscal rose 2 percent to 458,654 units (449,814 vehicles).

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.