EV market share will double in 2025: Vivek Srivatsa
2 months ago

EV market share will double in 2025: Vivek Srivatsa

New Indian Express  

However, its market share decreased from 73% to 62%. Going forward in 2025, Tata Motors will be launching the Harrier EV in the first half of the year and the much anticipated Sierra EV in the second half. It is possible for the EV market to double its penetration this year.” However, for the overall passenger vehicle market, he expects the growth rate to slow. Over the past 3-4 years, the industry witnessed spectacular growth, but this year, that growth is expected to moderate, especially given the high stock levels across the network,” said Srivatsa. For Tata Motors, Srivatsa said that sales growth this year will be led by EVs and CNG-powered vehicles.

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History of this topic

Tata PV, EV prices to increase in April 2025
1 week, 3 days ago

Tata PV, EV prices to increase in April 2025

India Today  

Tata Motors today announced that it will increase the prices of its passenger vehicles and electric vehicles in April 2025 owing to rising input costs. The announcement follows the homegrown auto giant's decision to hike the prices of its commercial vehicles by up to 2% from April 1, 2025. "Tata Motors, India's leading automobile manufacturer, announced today its intent to …

Tata Motors considers new ICE models as EV adoption slows, competition intensifies
2 weeks, 1 day ago

Tata Motors considers new ICE models as EV adoption slows, competition intensifies

Live Mint  

Tata Motors Ltd, India’s largest electric car maker, is considering new petrol and diesel models, besides extending the life of existing fossil fuel-driven variants, as the adoption of battery-powered mobility slows in key markets, including the US and UK. “Given the uncertainty around the pace of EV adoption in key markets, the company may need to extend the life of …

Massive decline in Tata electric car sales in February as JSW MG gains
2 weeks, 3 days ago

Massive decline in Tata electric car sales in February as JSW MG gains

India Today  

Homegrown auto major Tata Motors witnessed a significant decline in the retail sales of its electric passenger vehicles in February 2025 as JSW MG Motor India gained handsomely during the month. Tata sold 3,825 units of electric PVs in February 2025, a drop of 25.63% year-on-year over 5,143 units sold in the year-ago month, according to data from the industry …

Tata Motors’ EV sales slump 23% in Feb, marking ninth monthly decline in FY25
3 weeks, 4 days ago

Tata Motors’ EV sales slump 23% in Feb, marking ninth monthly decline in FY25

Live Mint  

New Delhi: Tata Motors Ltd.’s electric vehicle sales have been on a downhill slide so far this fiscal, with sales of nine out of 11 months settling below their FY24 numbers, accompanied by a significant drop in market share. This decline in sales has hurt the company’s EV market share, falling from 62% in 2024 to 46% in December, according …

Tesla India launch to threaten domestic EVs? D-Street eyes 37% upside on THIS stock after 15% correction; Buy or Sell?
Trending News
1 month ago

Tesla India launch to threaten domestic EVs? D-Street eyes 37% upside on THIS stock after 15% correction; Buy or Sell?

Live Mint  

Mahindra & Mahindra’s stock price has corrected ~15% in the past two weeks vs the Nifty which was down ~3%, largely after news flows of Tesla entering India, with a reduced duty structure. Tesla prices in India are likely to be ~4x+ average selling prices of vehicles currently and ~2x over the next five years if the Model 2 is …

What India's new EV policy may look like
1 month, 1 week ago

What India's new EV policy may look like

Firstpost  

India’s new EV policy in the offing aims to attract global players like Tesla with lower import duties while boosting local manufacturing India’s electric vehicle sector is on the brink of a major transformation with the central government poised to notify its new EV policy, originally announced in March 2023. The policy’s structured approach aims to ensure that new entrants …

What India's new EV policy may look like
1 month, 1 week ago

What India's new EV policy may look like

Firstpost  

India’s new EV policy in the offing aims to attract global players like Tesla with lower import duties while boosting local manufacturing Going electric. AP India’s electric vehicle sector is on the brink of a major transformation with the central government poised to notify its new EV policy, originally announced in March 2023. The policy’s structured approach aims to ensure …

Third time’s the charm for Tesla? What we know about Elon Musk company’s plans to enter the Indian market
1 month, 1 week ago

Third time’s the charm for Tesla? What we know about Elon Musk company’s plans to enter the Indian market

Hindustan Times  

The airwaves are abuzz once again with the news of EV giant Tesla entering India, after two prior failed attempts. Following Tesla CEO Elon Musk’s recent meeting with Prime Minister Narendra Modi, Tesla has reportedly begun producing vehicles that it intends to import to the India market, while also scouting for potential locations to set-up a factory, although neither Musk …

Tata reaches 2 lakh electric car sales, announces Rs 1.86 lakh benefits
1 month, 1 week ago

Tata reaches 2 lakh electric car sales, announces Rs 1.86 lakh benefits

India Today  

Tata.ev has achieved a milestone of surpassing 2 lakh EVs on the road. To mark this achievement, the company has announced a range of exclusive benefits worth Rs 1.86 lakh, for both new and existing customers for the next 45 days. Tata in an official statement said that over the past five years, Tata.ev’s customer base has collectively covered more …

Electric car sales are rising in India. Can they double in 2025?
1 month, 2 weeks ago

Electric car sales are rising in India. Can they double in 2025?

India Today  

The electric car segment is still at a nascent stage in India, making up less than 3% of the total passenger vehicles sold in the country. However, with more models arriving and a major push to develop the charging infrastructure, both by the government and private players, electric car sales are expected to double in 2025. Maruti Suzuki e Vitara …

Re 0.85 to ₹85: Multibagger penny stock makes ₹1 lakh investment into ₹1 crore in three years
2 months ago

Re 0.85 to ₹85: Multibagger penny stock makes ₹1 lakh investment into ₹1 crore in three years

Live Mint  

Multibagger penny stock: Investing in the stock market has long been recognised as a pathway to potential wealth creation. The company, an electric vehicle manufacturer, saw its shares rise steadily since 2022, moving from Re 0.85 apiece to the current trading price of around ₹85, translating into a massive gain of 9,900 per cent. The company’s subsidiary, DC2 Mercury Cars …

EV prices will become reasonable and how, explains Hyundai MD Unsoo Kim | Exclusive
2 months ago

EV prices will become reasonable and how, explains Hyundai MD Unsoo Kim | Exclusive

India Today  

Hyundai Motor India recently added a new electric vehicle, the Creta Electric, to its portfolio. While electric car prices are currently on a relatively higher side in India, the company's Managing Director Unsoo Kim believes that they will get lower with localisation. Talking to India Today, Kim said: "We are planning several EV models in our line-up, from small segment …

‘Auto sales to soften in FY 2026, Tatas to bring back focus on hatchbacks’
2 months, 1 week ago

‘Auto sales to soften in FY 2026, Tatas to bring back focus on hatchbacks’

The Hindu  

Auto sales are expected to slow down in the upcoming fiscal because of a surplus of stock with dealers though Tata Motors will seek to woo back hatchback buyers by upgrading some of its models alongside its SUV launches later this year including the Harrier EV, according to a top executive at the auto company. “I think it will be …

2025 will be the year of EVs for India, say automakers at Bharat Mobility Expo
2 months, 1 week ago

2025 will be the year of EVs for India, say automakers at Bharat Mobility Expo

Live Mint  

New Delhi: Automakers have thrown the gauntlet: 2025 will be the year of electric vehicles. The company is setting up a dedicated production line at its Gujarat plant to make EVs, said Hisashi Takeuchi, managing director of Maruti Suzuki India. Tata Motors Ltd. and Hyundai Motor India Ltd have projected the Indian car market reaching 15-20% EV penetration by 2030. …

Bharat Mobility Global Expo 2025: What To Expect From Each Carmaker
2 months, 1 week ago

Bharat Mobility Global Expo 2025: What To Expect From Each Carmaker

ABP News  

Auto Expo 2025: Bharat Mobility Global Expo kicks off today and the 2025 Auto Expo has a clear focus on electrification with numerous carmakers showing new EVs. MG: MG will have its new lineup of the Cyberster as well as the M9 luxury MPV in India which would be sold via its Select retail chain Skoda: Skoda will show a …

Automakers set to showcase new vehicles at Bharat Mobility Expo
2 months, 1 week ago

Automakers set to showcase new vehicles at Bharat Mobility Expo

Live Mint  

New Delhi: The Bharat Mobility Global Expo 2025 starting Friday will set the stage for the coming year for the Indian automotive sector, which just witnessed a tepid end to an otherwise bumper year for sales in 2024. In a market like India that is highly perceptible to new product introductions by manufacturers, the numerous launches lined up for the …

Speeding ahead: Auto sector insights by Raja Venkatraman–6 January
2 months, 3 weeks ago

Speeding ahead: Auto sector insights by Raja Venkatraman–6 January

Live Mint  

The Indian auto sector has showcased an outstanding performance in 2024. With a record-breaking 26.1 million units sold, marking a 9% year-on-year growth, the sector's resilience and robust demand across various segments have brought it into the limelight. While the sudden revival has piqued interest in the trading and investing community once again, the auto sector's relative strength and its …

EV stakeholders deliberate on development of battery charging and swapping infrastructure
2 months, 3 weeks ago

EV stakeholders deliberate on development of battery charging and swapping infrastructure

Deccan Chronicle  

New Delhi: Various stakeholders from the electric vehicle sector on Friday held deliberations with commerce and industry minister Piyush Goyal here on various issues, including development of battery charging and swapping infrastructure. Officials from department of heavy industries, department for promotion of industry and internal trade and auto majors including Tata, TVS and Mercedes-Benz India among others also participated in …

EV players discuss development of battery charging, swapping infra with Piyush Goyal
2 months, 3 weeks ago

EV players discuss development of battery charging, swapping infra with Piyush Goyal

Live Mint  

New Delhi, Jan 3 Stakeholders from the electric vehicle sector held deliberations with Commerce and Industry Minister Piyush Goyal here on various issues, including development of battery charging and swapping infrastructure, an official said on Friday. In a bid to woo global EV makers into the country, in March last year the government rolled out an electric vehicle policy, under …

Bharat Mobility Expo 2025: Upcoming EV launches from Hyundai, Tata, Maruti and Toyota
2 months, 4 weeks ago

Bharat Mobility Expo 2025: Upcoming EV launches from Hyundai, Tata, Maruti and Toyota

Live Mint  

India’s automotive sector is gearing up for a monumental shift towards electric mobility in 2025, with a slew of new all-electric vehicles set to hit the roads. Maruti Suzuki e Vitara Maruti Suzuki is entering the electric segment with its first-ever EV, the e Vitara, which will make its India debut at the Bharat Mobility Expo. Toyota Urban Cruiser EV …

Yearender 2024: From Tata Curvv EV to Mahindra BE 6 SUV, how affordable EVs put Indian auto sector in top gear
2 months, 4 weeks ago

Yearender 2024: From Tata Curvv EV to Mahindra BE 6 SUV, how affordable EVs put Indian auto sector in top gear

Live Mint  

As 2024 draws to a close, the electric vehicle landscape in India has witnessed remarkable growth, with major automotive players making significant strides in the electrification of the country's car market. This year, Mahindra, MG, Tata Motors and BYD have been at the forefront of India’s EV revolution, launching a series of highly anticipated models. Additionally, MG's Windsor EV joins …

French auto parts supplier Valeo bets on India EV transition even as demand cools
3 months, 1 week ago

French auto parts supplier Valeo bets on India EV transition even as demand cools

Live Mint  

New Delhi: Growing adoption of electric vehicles in India is unlocking opportunities for the Indian arm of French auto parts supplier Valeo to increase revenue per vehicle, according to a top company executive, even if sales have temporarily slowed for one of its top customers in India. For instance, we supply Tata with onboard chargers and DC-DC converters, while Mahindra …

Punch, Nexon, Curvv, Safari, Tiago, Altroz, others: Tata's domestic car sales rise 2% in November
3 months, 3 weeks ago

Punch, Nexon, Curvv, Safari, Tiago, Altroz, others: Tata's domestic car sales rise 2% in November

India Today  

Homegrown auto major Tata Motors has reported a growth of 2% year-on-year in domestic passenger vehicle sales at 47,063 units in November 2024. The company's overall PV volume rose 2% y-o-y to 47,117 units in November 2024 from 46,143 units in November 2023. On the commercial vehicle front, there was a decline of 1% y-o-y in the domestic market at …

Mahindra bets on premium electric SUVs to boost market share
4 months ago

Mahindra bets on premium electric SUVs to boost market share

Deccan Chronicle  

With its smaller SUV, Mahindra will enter India's fast-growing compact SUV market, which grew nearly 20% in the first six months of the current fiscal year and is dominated by Hyundai's Creta SUV and Toyota's Urban Cruiser Hyryder SUV. Mumbai-based Mahindra, second largest SUV maker in volumes, introduced the smaller sporty BE 6e and luxurious XEV 9e electric SUVs priced …

Tata Sierra to arrive in second-half of 2025 with EV and ICE powertrains – India TV
4 months ago

Tata Sierra to arrive in second-half of 2025 with EV and ICE powertrains – India TV

India TV News  

Tata Motors is gearing up to introduce a new vehicle later in 2025. Tata Sierra platform During the launch of the Curvv, Tata Motors revealed a brand new platform called ATLAS. On the electric side, the Sierra EV is expected to use Tata's new Gen2 EV platform, known as Acti.EV. While not officially confirmed yet, the electric Sierra may come …

Tata Sierra EV 2025: Launch Timeline And Expected Price Revealed
4 months ago

Tata Sierra EV 2025: Launch Timeline And Expected Price Revealed

ABP News  

Tata Sierra EV 2025 expected price and launch detailsTata Motors could bring in the Sierra EV much faster than you think as the EV version could come in towards the end of next year. The Sierra EV would be the one of the more premium EVs by Tata Motors while being based on a bespoke EV platform. We expect a …

Chinese firms power Indonesia's EV sector
4 months ago

Chinese firms power Indonesia's EV sector

China Daily  

By LEONARDUS JEGHO in Jakarta and PRIME SARMIENTO in Hong Kong | China Daily | Updated: 2024-11-22 10:22 Chinese electric vehicles are powering Indonesia's EV industry and gaining ground among local consumers, industry executives say. Rubby Lie, branch head of Prima Wahana Auto Mobil, Wuling Motor's largest authorized dealer in Indonesia, shared optimism about rising local demand for Wuling and …

Chinese firms power Indonesia's EV sector
4 months ago

Chinese firms power Indonesia's EV sector

China Daily  

By LEONARDUS JEGHO in Jakarta and PRIME SARMIENTO in Hong Kong | China Daily | Updated: 2024-11-22 10:22 Chinese electric vehicles are powering Indonesia's EV industry and gaining ground among local consumers, industry executives say. Rubby Lie, branch head of Prima Wahana Auto Mobil, Wuling Motor's largest authorized dealer in Indonesia, shared optimism about rising local demand for Wuling and …

Centre will electrify its own fleet, states should follow example, says Tarun Kapoor, adviser in the PMO
4 months, 1 week ago

Centre will electrify its own fleet, states should follow example, says Tarun Kapoor, adviser in the PMO

Live Mint  

New Delhi: The Union government is planning to use electric vehicles for its operations, and will urge states to follow suit, Tarun Kapoor, adviser in the Prime Minister's Office said on Tuesday. States will be incentivized to electrify their government fleets through interest-free loans from the Centre, Kapoor told the EV industry at the FICCI National Conference on Electric Vehicles …

Electric two-wheeler adoption in India rising, 13% share expected by 2026-27: Jefferies report
6 months, 1 week ago

Electric two-wheeler adoption in India rising, 13% share expected by 2026-27: Jefferies report

The Hindu  

The adoption of electric two-wheeler vehicles in India is on a gradual rise and it is expected that their share will rise to upwards of 13% by 2026-27, investment banking company Jefferies asserted in a report. "We currently assume a share of E2Ws rising from 5% in FY24 to 7% /10% /13% in FY25E/FY26E/FY27E, although we now see a downside …

EVs to reach cost parity with ICE in 2 years: Gadkari
6 months, 2 weeks ago

EVs to reach cost parity with ICE in 2 years: Gadkari

The Hindu  

With falling lithium-ion battery prices, electric vehicles can now maintain cost without subsidies but it is for the Finance and Heavy Industries Ministries to decide if incentives need to be given to electric vehicles, Union Minister Nitin Gadkari said on Monday. Speaking at the annual session of Automotive Components Manufacturers Association at New Delhi, Mr. Gadkari, the Minister for Road …

Indians who prepaid $1,000 to order Tesla EVs ask for their money back as cars fail to arrive
7 months, 2 weeks ago

Indians who prepaid $1,000 to order Tesla EVs ask for their money back as cars fail to arrive

The Hindu  

In April 2016, Elon Musk invited Indians to preorder the upcoming Tesla Model 3. To woo automakers like Tesla while also protecting domestic carmakers like Mahindra and Maruti Suzuki, India reduced its import duties to 15% from 70%-100% in March 2024 for EVs cheaper than $35,000 — as long the automaker commits to building a factory in the country within …

Indians wanting their money back for undelivered Teslas shows how drastically the EV market changed
7 months, 2 weeks ago

Indians wanting their money back for undelivered Teslas shows how drastically the EV market changed

Associated Press  

HANOI, Vietnam — In April 2016, Elon Musk invited Indians to preorder the upcoming Tesla Model 3. To woo automakers like Tesla while also protecting domestic carmakers like Mahindra and Maruti Suzuki, India reduced its import duties to 15% from 70%-100% in March 2024 for EVs cheaper than $35,000 — as long the automaker commits to building a factory in …

Indians who prepaid $1,000 to order Tesla EVs ask for their money back as cars fail to arrive
7 months, 2 weeks ago

Indians who prepaid $1,000 to order Tesla EVs ask for their money back as cars fail to arrive

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. To woo automakers like Tesla while also protecting domestic …

Invest in India’s Future: Groww Unveils Auto EV Index NFO Amidst India’s EV Boom
8 months ago

Invest in India’s Future: Groww Unveils Auto EV Index NFO Amidst India’s EV Boom

Live Mint  

In June, equity mutual funds inflows stood at a record ₹40,608 crore, while SIPs hit ₹21,262 crore. Given the growing trend of sector-based investing, Groww Mutual Fund has launched the Groww Nifty EV & New Age Automotive ETF FOF. Groww Nifty EV & New Age Automotive ETF FOF invests in the EV sector through other mutual funds that invest in …

The way forward for investments in the EV space | Explained
8 months, 2 weeks ago

The way forward for investments in the EV space | Explained

The Hindu  

The story so far: According to media reports, the government is looking to expand the scope of its electric vehicle policy, announced in March, to include a retrospective effect. The policy announced in March aimed to provide Indian consumers with access to the latest technology and strengthen the EV ecosystem by encouraging healthy competition among EV players by attaining higher …

India gets high-demand for EV 2 wheelers, but Ola experiences a dip: Know-why
8 months, 3 weeks ago

India gets high-demand for EV 2 wheelers, but Ola experiences a dip: Know-why

India TV News  

According to a recent report, electric vehicle adoption in India’s two-wheeler sector has seen a significant boost over the past two months, despite the incentives being nearly halved in April. Electric passenger vehicle penetration deteriorated slightly month-on-month where Tata Motors lost market share while MG gained. Meanwhile, another report last month said that with an improving adoption rate, electric car …

Battery electric vehicle sales cross 1 crore mark globally this year: Report
8 months, 3 weeks ago

Battery electric vehicle sales cross 1 crore mark globally this year: Report

India TV News  

This year, the sale of battery electric vehicles is expected to reach the 10-million milestone, demonstrating a significant accomplishment for the global passenger vehicle market. "By revamping supply chains and preparing to produce affordable EVs priced below $35,000, automakers like Ford, GM, Stellantis, and Volkswagen are positioning themselves to compete with market leaders," said research analyst Abhik Mukherjee. "These tariffs …

Car makers slash EV sales forecast for 2024 as public demand plummets
10 months, 3 weeks ago

Car makers slash EV sales forecast for 2024 as public demand plummets

Daily Mail  

New car registrations in the UK grew for the 21st consecutive month in April, rising by 1 per cent, the latest figures from the Society of Motor Manufacturers and Traders show. While BEV growth helped new car registrations rise in April, new BEV sales forecasts for 2024 are below ZEV mandate requirements New car registrations continued to grow for the …

IEA says global EV demand 'motoring along' as sales tipped to be one-in-five in 2024
11 months ago

IEA says global EV demand 'motoring along' as sales tipped to be one-in-five in 2024

ABC  

In short: The International Energy Agency predicts EV uptake could surge in 2024 to about one-in-five new car sales. The International Energy Agency predicts EV uptake could surge in 2024 to about one-in-five new car sales. By comparison, the IEA said the share of new car sales that were forecast to be electric in Europe and the US was 25 …

Tata shifts gears: Considers importing Jaguar Land Rover EVs after government cuts import duty from 100% to 15%
11 months, 1 week ago

Tata shifts gears: Considers importing Jaguar Land Rover EVs after government cuts import duty from 100% to 15%

Live Mint  

India's Tata Motors is planning to import its Jaguar Land Rover luxury electric cars under a new government policy that lowers import taxes for companies agreeing to set up local manufacturing, according to a Reuters report. Import duties on some EV models have been slashed from as high as 100 percent to just 15 percent, provided the carmaker invests at …

Hybrids outpacing ‘costly’ EVs
11 months, 3 weeks ago

Hybrids outpacing ‘costly’ EVs

New Indian Express  

NEW DELHI: The popularity of hybrid vehicles in the domestic car market has seen a sharp surge over the past one year or so and a large section of consumers who were fence-sitting to buy an electric vehicle are now opting for a hybrid model. Hybrid vehicles sales stood at 52,500 units between October 2023 and April 2024 as against …

Hybrid cars can act as a bridge to carbon-free mobility
11 months, 3 weeks ago

Hybrid cars can act as a bridge to carbon-free mobility

Live Mint  

For all the policy promotion of electric vehicles, their sales figures in India have been a disappointment as far as four-wheelers go. This may explain why transport minister Nitin Gadkari has sent a proposal to the finance ministry, as reported, to place hybrids in the same 5% GST bracket as EVs. It may be time, however, to incentivize hybrids too …

EV sales slowdown: Goldman Sachs predicts bear-case scenario for 2024
11 months, 4 weeks ago

EV sales slowdown: Goldman Sachs predicts bear-case scenario for 2024

Hindustan Times  

A Goldman Sachs research report on electric vehicles says the EV uptake is at a turning point, and hybrids and plug-in hybrids are giving tough competition. Goldman Sachs report says this is due to concerns about three factors: EV capital cost due to lower prices of used EVs, poor visibility on government policy visibility, and a shortage of rapid charging …

EV sales slowdown: Goldman Sachs predicts bear-case scenario for 2024
11 months, 4 weeks ago

EV sales slowdown: Goldman Sachs predicts bear-case scenario for 2024

Hindustan Times  

A Goldman Sachs research report on electric vehicles says the EV uptake is at a turning point, and hybrids and plug-in hybrids are giving tough competition. Goldman Sachs report says this is due to concerns about three factors: EV capital cost due to lower prices of used EVs, poor visibility on government policy visibility, and a shortage of rapid charging …

New e-vehicle policy aims to attract foreign investment
1 year ago

New e-vehicle policy aims to attract foreign investment

Deccan Chronicle  

New Delhi: In a move to make India as a manufacturing destination for electric vehicles or EVs in the country, the Centre on Friday approved the e-vehicle policy. Issuing an official statement, the ministry of commerce & industry said that the companies setting up manufacturing facilities for e-vehicles would be allowed to import a limited number of cars at lower …

India Approves EV Policy to Attract Global Players
1 year ago

India Approves EV Policy to Attract Global Players

Deccan Chronicle  

New Delhi: In a move to make India as a manufacturing destination for electric vehicles or EVs in the country, the Centre on Friday approved the e-vehicle policy. As per the policy, a company will get three years for setting up manufacturing facilities in India and to start commercial production of e-vehicles, and reach 50 per cent domestic value addition …

Can Subscription-Based Models Boost Growth Of Electric Vehicles Market In India? Read On
1 year ago

Can Subscription-Based Models Boost Growth Of Electric Vehicles Market In India? Read On

News 18  

The Indian auto market has witnessed a significant emergence of electric vehicles over the past year. According to research by consultancy agency Brain & Company, electric vehicles hold a five percent share of the total car sales in the Indian market between October 2022 and September 2023. The study further noted that electric two-wheelers accounted for nearly 90 percent of …

PV industry growth likely to moderate to less than 5 precent in FY25: Tata Motors
1 year, 1 month ago

PV industry growth likely to moderate to less than 5 precent in FY25: Tata Motors

India TV News  

Tata Motors Passenger Vehicles Managing Director Shailesh Chandra has predicted the growth of the domestic passenger vehicle industry to be less than 5 percent in the next fiscal. Therefore, we are seeing with this high base effect, and FY25 will be slightly challenging with less than 5 percent growth rate," Chandra said in an analyst call. Chandra noted that in …

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