Tata Motors Passenger Vehicles Ltd.

Tata Motors is expecting commercial vehicle (CV) business to remain in slow lane for the next few months and witness turnaround only by the second half of the next fiscal. With demand expected to remain muted, the company aims to go slow in introducing BS-VI compliant CVs in the domestic market. The growth in CV industry is related to the country's economy.

The transition to BS-VI in passenger vehicles (PV) is on track, the company is going to be slow in introducing upgraded CVs in the market due to low demand.

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.