Tata Motors Passenger Vehicles Ltd.

Tata Motors is looking to introduce new products including CNG and electric models, while bolstering its existing range with new interventions. The company expects the passenger vehicle industry growth to moderate to 5-7 per cent in the current financial year as compared with 27 per cent sales growth in the last financial year with dip in pent-up demand.

In FY23, Tata Motors reported its best ever year in terms of dispatches to dealers at 5.4 lakh units. The company's wholesales grew around 45 per cent year on year as compared with FY22.

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.