How Tata Motors plans to take on Maruti
1 year, 8 months ago

How Tata Motors plans to take on Maruti

Live Mint  

In 2017, India started taking baby steps towards electrification of cars. In the first 12 to 18 months from then, we got ourselves into a position where we had the right to survive,” said Shailesh Chandra, managing director, Tata Motors. The Safari carries a price tag of over ₹25 lakh—a price nobody thought a Tata Motors car could command a few years back. “The youth carry none of the burden of yesterday so will never be biased by what happened in the past.” Time to thrive Meanwhile, after years of incurring heavy losses, the passenger vehicle division of Tata Motors is set to post a profit in 2022-23. Tata Motors, for instance, does not have a Maruti Alto equivalent, which forms about 7% of India’s passenger vehicle market.

History of this topic

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