Tata Motors lines-up slew of new products

Tata Motors is lining up a slew of new products, including a compact SUV, premium hatchback and an executive sedan. This step has been taken with a view to become the third biggest passenger vehicle maker in India by 2019-20.

The auto major is looking to fill the gaps in its portfolio as its current models cover only 60 percent of the passenger vehicles segment. The auto major also plans to have lesser number of platforms going ahead to cut cost and complexities in product development.

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.