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Tata Motors’ Sanand plant in Gujarat to be upgraded for bigger passenger cars: MD

Thehindubusinessline

Thehindubusinessline · 1y ago

Tata Motors’ Sanand plant in Gujarat to be upgraded for bigger passenger cars: MD

Tata Motors' plant in Gujarat, initially manufacturing smaller cars such as the Nano and hatchbacks, is now set to produce bigger passenger car variants in response to the increasing size of cars being sold in the Indian market. The market shift towards larger cars has been driven by changing customer preferences, with SUVs being the only segment showing growth. The Sanand-1 plant currently contributes 20% of Tata Motors' passenger car sales and has the capacity to produce up to 3 lakh cars per annum. The company is also planning to release five electric vehicle variants by 2025.

Related News

Tata Motors rises after court awards compensation for West Bengal investment

Reuters · 1y ago

Tata Motors rises after court awards compensation for West Bengal investment

Tata Motors saw a rise of 2% in its shares after being awarded 7.66 billion rupees ($92.00 million) as compensation for its investment in the closed Singur plant in West Bengal. The company is entitled to recover the amount from West Bengal Industrial Development Corporation, as ruled by an arbitral tribunal. Tata Motors had to shift its manufacturing facility to Sanand in Gujarat due to a land dispute. As of now, Tata Motors shares are 0.8% higher at 633.7 rupees, resulting in year-to-date gains of 63.4%.

Tata Inks Pact With Analog Devices To Explore Opportunities In Indian Chip Manufacturing

Inc42 · 11m ago

Tata Inks Pact With Analog Devices To Explore Opportunities In Indian Chip Manufacturing

Tata Motors and Tata Electronics have entered into a partnership with Analog Devices to establish an electronics manufacturing ecosystem in India. Tata Electronics will manufacture Analog Devices' products in its upcoming semiconductor fab plant in Gujarat, with production set to begin in 2026. The companies also plan to explore opportunities to manufacture electronics hardware components for commercial and passenger vehicles.

Tata Motors demerger to enhance CV business globally, says Girish Wagh

Livemint

Livemint · 1y ago

Tata Motors demerger to enhance CV business globally, says Girish Wagh

Tata Motors Executive Director Girish Wagh believes that the proposed demerger of the automotive business into two listed entities will enhance the commercial vehicle vertical's agility and enable the company to capitalize on global opportunities. Wagh expects the commercial vehicle industry to have an exciting year in FY25 and plans to create a world-class company in the CV space. Meanwhile, Tata Motors Passenger Vehicle MD Shailesh Chandra predicts a moderate growth rate for the passenger vehicle industry with a rising preference for safer, smarter, and greener vehicles.

Tata Motors to hike prices of commercial vehicles from next year

Livemint

Livemint · 1y ago

Tata Motors to hike prices of commercial vehicles from next year

Indian automotive manufacturer Tata Motors has announced a price hike of up to 3% on its commercial vehicles, effective January 1, 2024, to offset the impact of previous rises in input costs. The increase will apply to all commercial vehicle models, including Tata Ace, Tata Intra, and Tata Winger. This announcement comes after the company reported a marginal decrease in global sales for November 2023. Tata Motors is also considering a price hike for its passenger and electric vehicles in January. Other automakers in India, such as Mahindra & Mahindra and Honda Cars, are also planning price increases.

Tata Motors to split commercial, passenger vehicle businesses into separate firms

VCCircle

VCCircle · 1y ago

Tata Motors to split commercial, passenger vehicle businesses into separate firms

Tata Motors, an Indian automaker, has announced plans to split its commercial and passenger vehicle businesses into two separate companies. The move aims to enhance focus on the passenger and electric vehicle segments. The commercial vehicles business and investments will be spun off into one entity, while the passenger vehicles business, including Jaguar Land Rover and related investments, will form another entity. Tata Motors believes that this demerger is a logical next step after the earlier reorganisation of its passenger and electric vehicle businesses.

Moody’s upgrades Tata Motors’ ratings to Ba1, outlook remains positive

Money Control

Money Control · 1y ago

Moody’s upgrades Tata Motors’ ratings to Ba1, outlook remains positive

Moody's has upgraded Tata Motors' corporate family rating (CFR) by two notches to Ba1 from Ba3, with a positive outlook. The rating agency cited the automaker's revenue growth, improving profitability, and debt reduction as reasons for the upgrade. Moody's also upgraded Tata Motors' senior unsecured instruments' ratings to Ba1 from Ba3. The rating action takes into account Tata Motors' sound governance practices, strong demand in key geographies and business segments, and cost rationalization efforts. Moody's expects sustained improvement in Tata Motors' automotive operations, including its subsidiary Jaguar Land Rover Automotive Plc.

India to shift to 'smartphone era' for cars embracing 5G, advanced AI in 2025: Report

Business Insider

Business Insider · 9m ago

India to shift to 'smartphone era' for cars embracing 5G, advanced AI in 2025: Report

India is expected to transition into a "smartphone era" for cars by 2025, with the introduction of 5G M2M connectivity and advanced AI technologies, according to Techarc's India Connected Consumer Report 2025. The automotive sector will skip 4G and adopt 5G technology, providing connectivity and advanced features. Consumers are more interested in improving the value proposition of their cars rather than investing in multiple smart devices. Starting in 2025, passenger cars in India will have 5G M2M connectivity, on-device GenAI, and cloud connectivity. In-vehicle computing and AI applications will become essential for real-time data processing, offering enhanced experiences, performance, safety, and entertainment for drivers and passengers. MG Motors, Kia Motors, Tata Motors, Hyundai, and Maruti Suzuki are the top brands in providing connected cars in India.

Tata Motors Shares Play Red Light-Green Light After April Domestic Sales Fell 7%

OutlookIndia

OutlookIndia · 2m ago

Tata Motors Shares Play Red Light-Green Light After April Domestic Sales Fell 7%

Tata Motors reported a 7% decline in overall domestic sales in April, selling 72,753 vehicles compared to 77,521 the previous year. Both commercial and passenger vehicle sales fell, with commercial vehicle sales dropping by 8% and passenger vehicles by 5%. Notably, the electric passenger vehicle sales witnessed a significant 16% decline. Despite initial stock drops, Tata Motors shares rebounded slightly. Meanwhile, competitor Maruti Suzuki recorded a 7% sales growth, including exports.

Tata Motors working with govt, looking alternate sources for magnets: Chandrasekaran

Economic Times

Economic Times · 2m ago

Tata Motors working with govt, looking alternate sources for magnets: Chandrasekaran

Tata Motors is collaborating with the government to find alternative sources for magnets due to China limiting exports of rare earth elements. Chairman N Chandrasekaran addressed concerns, assuring shareholders that current supplies are adequate and contingency plans are in place. Additionally, Tata Motors is preparing for possible geopolitical tensions and planning an international expansion for its passenger vehicles under favorable geopolitical conditions. The demerger of commercial and passenger vehicle sectors is expected by year's end.

In a First, Share of Electric PVs Crosses 4% mark: Fada

OutlookIndia

OutlookIndia · 2m ago

In a First, Share of Electric PVs Crosses 4% mark: Fada

In May 2025, electric cars accounted for 4.1% of passenger vehicle sales, up from 3.5% in April and 2.6% a year earlier, marking a milestone in the electric vehicle (EV) sector's growth. This surge is attributed to advancements in battery technology, improved range, and lower costs. However, supply chain issues due to China's export restrictions on rare earth magnets could pose challenges. Tata Motors led the market, with JSW MG Motor showing significant growth.

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