Tata Motors Passenger Vehicles Ltd.

Tata Motors, the country's largest automaker by revenues, plans to raise prices by 1-1.5% across Commercial Vehicles (CV) and Passenger Vehicles (PV). The plans to hike prices come on back of higher input cost. Further, the company has lined up annual capital expenditure of Rs 1500 crore for the PV business.

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.