Follow us
Tata Motors targets 1 million annual sales by FY30
The target, shared with vendor partners, will require the automaker to grow almost twice as fast as the industry. On hybrids, the management said it plans to be reactive rather than proactive, adjusting its strategy according to market demand.
27 Sep 2024
8219 Views
Share -
Tata Motors, the country’s third-largest car maker, has set a long-term target of achieving 1 million units in annual sales by FY30. The maker of Punch and Nexon SUVs has asked its supplier partners to be ready for sustained growth in the future, and assured them it will strive to consistently outpace the market and enter new segments.
Going by the target, Tata Motors is looking to grow almost 50% faster than the market. On the base of 5.82 lakh unit sales in FY24, one million unit sales by FY30 implies a CAGR of 9.44%. During the same period, ...
RELATED ARTICLES
“Despite 25% Price Rise, Fundamentals Intact for Future Growth”: Audi’s Dhillon
Ketan Thakkar
18 Mar 2026
The indian car buyer’s journey to luxury has got longer, with more stops along the way, says Balbir Singh Dhillon, Head ...
From Shop Floor to Leadership: Indian Women Are Rewriting Auto's Rules
Prerna Lidhoo
13 Mar 2026
For decades, women were largely absent from assembly lines, engineering teams and leadership roles. With the rise of ele...
Can OEMs' Aftermarket Strategy Hurt Small and Independent Outlets and Chains?
Shahkar Abidi
12 Mar 2026
OEMs tighten their grip on vehicle lifecycles as independents fight for data, diagnostics and survival.
