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Tata Motors registered total sales of 2, 65,090 units in Q4FY24

1Apr

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Tata Motors registered total sales of 2, 65,090 units in Q4FY24

Mumbai, April 01, 2024. Tata Motors Limited sales in the domestic & international market forQ4FY 2023-24 stood at 2,65,090 vehicles, compared to 2,51,822 units during Q4FY 2022-23. Domestic Sales Performance: Category March’24March’23% ChangeQ4 FY24Q4 FY23% ChangeFY24FY23% ChangeTotal Domestic Sales 90,82289,3512%2,59,9322,47,0385%9,49,0159,31,9572% Commercial Vehicles: Category March’24March’23% ChangeQ4 FY24Q4 FY23% ChangeFY24FY23% ChangeHCV Trucks 12,71014,206-11%31,70736,068-12%1,16,5011,10,7465%ILMCV Trucks 6,7818,327-19%16,60718,508-10%58,82266,328-11%Passenger Carriers 5,8543,97347%14,41810,45638%43,48934,62726%SCV cargo and pickup 15,36718,801-18%42,19047,113-10%1,59,2481,81,616-12%Total CV Domestic 40,71245,307...

ICAR signs MoU with Dhanuka Agritech Ltd to strengthen the research and extension activities including demonstrations and trainings for farmers and other relevant stakeholders

21Mar

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ICAR signs MoU with Dhanuka Agritech Ltd to strengthen the research and extension activities including demonstrations and trainings for farmers and other relevant stakeholders

New Delhi, March 2024. The Indian Council of Agricultural Research (ICAR) and Dhanuka Agritech Ltd entered a Memorandum of Understanding (MoU) forging partnership by leveraging the resources ICAR and Dhanuka Agritech Limited to strengthen the research and extension activities. The partnership is envisaged to bring a paradigm shift in agricultural sector by promoting the spread of scientific and technological information,knowledge, know how of the new technologies that are developed by industries and ICAR institutes to disseminate them effectively to large number of farmers by making them available with various institutes and other stakeholders through frontline demonstrations and farmers training. The MoU to formalise the partnership was signed by Dr. R.G. Agarwal, Chairm...

Tata Motors Celebrates 1 Millionth Car Roll-Out from its Sanand Facility

8Mar

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Tata Motors Celebrates 1 Millionth Car Roll-Out from its Sanand Facility

Sanand, March 08, 2024. Tata Motors, India's leading automotive manufacturer, is proud to announce a significant milestone in its manufacturing history of rolling out the 1 millionth car from itsstate-of-the-art facility in Sanand, Gujarat. This landmark achievement emphasizes Tata Motors’ commitment to continuously innovate,for delivering superior products that elevate consumer delight. It also reflects the hard work and dedication of the team at the Sanand facility, who have played a crucial role in achieving this milestone. The Sanand plant was established in 2010 spread across 1100 acres – 741 acres (TML) and 359 acres (Vendor Park) with over 6000 direct and indirect employees, has been instrumental in Tata Motors’ growth and success.Being one of the youngest plant of Tata Motors...

Tata Motors announces price increase of its commercial vehicles from April 2024

7Mar

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Tata Motors announces price increase of its commercial vehicles from April 2024

Mumbai, March, 2024. Tata Motors, India’s largest commercial vehicle manufacturer, announced that it will increase the price of its commercial vehicles effective 1stApril 2024, up to 2%. The price increase is to offset the residual impact of the past input costs. While the price increase will vary as per individual model and variant, it will be applicable across the entire range of commercial vehicles.

Tata Motors to demerge its businesses into two separate listed companies

4Mar

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Tata Motors to demerge its businesses into two separate listed companies

Mumbai, March 04, 2024. The Board of Directors of Tata Motors Limited (TML), at its meeting today, has approved the proposal of demerger of Tata Motors Ltd into two separate listed companies housing A) the Commercial Vehicles business and its related investments in one entity and B) the Passenger Vehicles businesses including PV, EV, JLR and its related investments in another entity. The demerger will be implemented through an NCLT scheme of arrangement and all shareholders of TML shall continue to have the identical shareholding in both the listed entities. Over the past few years, the Commercial Vehicles (CV), Passenger Vehicles (PV+EV), and Jaguar Land Rover (JLR) businesses of Tata Motors have delivered a strong performance by successfully implementing distinct strategies. Since ...

Tata Motors’ flagship #DARK series now available in its new SUVs

4Mar

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Tata Motors’ flagship #DARK series now available in its new SUVs

Mumbai, March 04, 2024. Tata Motors, India’s leading automobile manufacturer, standing true to its commitment of New Forever, today unveiled India’s #1 selling SUV brand – the Nexon in the iconic #DARK avatar for both its ICE and EV offerings.Adding to this successful range, the Company also launched their premium SUVs – The new Safari and the new Harrier in their #DARK versions.Available at a starting price of ₹ 11.45 Lakhfor the new Nexon, the #DARK range has been a trend setter in the industry, exuding opulence and luxury since its launch. Price table for the #DARK Range: ProductPrice starts atNew Nexon#DARK₹ 11.45 Lakh (Ex Showroom, Delhi)New Nexon.ev#DARK₹ 19.49 Lakh (Ex Showroom, All India)New Harrier#DARK₹19.99 Lakh (Ex Showroom, Delhi)New Safari #DARK₹20.69 Lakh (Ex Showro...

Tata Motors registered total sales of 86,406 units in February 2024

3Mar

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Tata Motors registered total sales of 86,406 units in February 2024

Mumbai, March 2024. Tata Motors Limited sales in the domestic & international market for February 2024 stood at 86,406 vehicles, compared to 79,705 units during February 2023. Domestic Sales Performance: CategoryFebruary 2024February 2023% change (Y-o-Y)Total Domestic Sales84,83478,0069% Commercial Vehicles: CategoryFebruary 2024February 2023Growth (Y-o-Y)HCV Trucks10,09111,868-15%ILMCV Trucks5,0835,426-6%Passenger Carriers4,6923,63229%SCV cargo and pickup13,70114,218-4%CV Domestic33,56735,144-4%CV IB1,5181,4217%Total CV35,08536,565-4% Domestic sale of MH&ICV in February2024, including trucks and buses, stood at 16,227units, compared to 17,282units in February 2023. Total sales for MH&ICV Domestic & International Business in February 2024, including...

Tata Motors flags-off its next-gen, eco-friendly fleet of commercial vehicles to Tata Steel

3Mar

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Tata Motors flags-off its next-gen, eco-friendly fleet of commercial vehicles to Tata Steel

Jamshedpur, 03 March 2024. Tata Motors, India’s largest commercial vehicle manufacturer, today flagged off its next-generation, green-fuel powered commercial vehicles to Tata Steel. The fleet includes Prima tractors, tippers and the Ultra EV bus, powered by Liquefied Natural Gas (LNG) and battery electric technologies. The vehicles were flagged off by Tata Son’s Chairman, Mr. N Chandrasekaran, as part of the Tata Group’s Founder’s Day celebrations in Jamshedpur. Present at the ceremony were Mr. T V Narendran, CEO & Managing Director, Tata Steel and Mr. Girish Wagh, Executive Director, Tata Motors, along with senior members of their leadership teams. Speaking about the long-standing partnership with Tata Motors, T. V. Narendran, Chief Executive Officer & Managing Director, Tat...

A silent ‘White Revolution’ led by Tata Motors’ transforms lives in Gujarat

27Feb

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Business News, Feature, Food and Beverages

A silent ‘White Revolution’ led by Tata Motors’ transforms lives in Gujarat

New Delhi, 27th February 2024. In a remarkable collaboration, Tata Motors, the Ahmedabad District Co-operative Milk Producers Union Limited and the Gujarat Dairy Development Board, have ignited a new ‘White Revolution’ in and around Sanand.The initiative has catalysed a socio economic transformation for the beneficiaries, enriching their lives with improved access to education and healthcare facilities, and elevating their status within the community. By leveraging technology and cooperatives, more than 1600 women from the distant regions of Sanand have brought about a remarkable change in the social and economic conditions of rural Gujarat. India, the world’s largest milk producer, has a low per capita yield. Dairy farming, traditionally led by women from the Bharwar and Koli Patel ...

Tata Motors launches its Ultra range of new-generation, smart trucks in South Africa

16Feb

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Tata Motors launches its Ultra range of new-generation, smart trucks in South Africa

Johannesburg, 16th February, 2024. Tata Motors, India’s leading multinational automobile manufacturer, today along with its authorised distributor, Tata Africa Holdings Limited, announced the commercial launch of its successful range of multipurpose heavy-duty trucks – Ultra T.9 and Ultra T.14, in South Africa. Designed to fulfil the rising need for safer, smarter and greener cargo mobility, the Ultra is perfectly suited for a wide variety of conventional and specialist logistics applications including bakery, FMCG, white goods, agriculture and construction. The Ultra range is engineered to deliver high productivity with best-in-class power & torque and fuel efficiency with lower total cost of ownership (TCO). The robustly built Ultra features a walk-through cabin, power steering...

New Nexon continues legacy of Safety – Scores 5-stars in GNCAP rating

14Feb

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New Nexon continues legacy of Safety – Scores 5-stars in GNCAP rating

Mumbai, February 14, 2024. Tata Motors, India’s leading automobile manufacturer, today announced that the all-new Nexon (ICE), India’s bestselling SUV, has become the latest recipient of the 5-star rating (32.22/34 points) for adult occupant protection and 5-star rating (44.52/49 points) for child occupant protection from Global NCAP, the foremost global car assessment programme. This achievement underscores Tata Motors' steadfast dedication to safety, as all of its new SUV models have now earned a 5-star rating from Global NCAP. Commenting on this milestone, Mr. Mohan Savarkar, Chief Product Officer at Tata Motors Passenger Vehicles, said, "Safety is ingrained in our DNA, and we are proud to earn the prestigious 5-star rating from Global NCAP for the new Nexon as per the enhanc...

Tata Motors and Bandhan Bank sign MoU to offer attractive commercial vehicle financing solutions

12Feb

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Tata Motors and Bandhan Bank sign MoU to offer attractive commercial vehicle financing solutions

Mumbai, 12th February, 2024. Tata Motors, India's largest commercial vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with Bandhan Bank, one of India’s fastest-growing private sector banks, to offer convenient financing solutions to its commercial vehicle customers. Under this collaboration, Bandhan Bank will offer financing across the entire commercial vehicle portfolio and customers will benefit from the bank’s wide network and specially curated easy repayment plans. Commenting on this partnership, Mr. Rajesh Kaul, Vice President & Business Head – Trucks, Tata Motors, said, "We are delighted to announce our partnership with Bandhan Bank through this MoU, which represents a major milestone in our commitment to providing seamless financing solutions ...

Tata Motors creates another Industry 1st Launches Tiago and Tigor iCNG AMT – India’s 1st AMT CNG Cars

9Feb

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Tata Motors creates another Industry 1st Launches Tiago and Tigor iCNG AMT – India’s 1st AMT CNG Cars

Mumbai, February 2024. ata Motors, India’s leading automotive manufacturer, today announced the launch of the Tiago and Tigor iCNG AMT - India’s 1st AMT CNG Cars. With an impressive mileage of 28.06 Km/kg, the cars will be available at a starting price of ₹7.89 lakhs for the Tiago iCNG and₹8.84 lakhs for the Tigor iCNG (Ex-showroom, Delhi).Adding to the current color palate, the company will be introducing an interesting new Tornado Blue in the Tiago, Grassland Beige in Tiago NRG and a Meteor Bronze in the Tigor. Variant wise price range below: ProductVariants in CNGPrice in ₹(Ex-showroom, Delhi)Tiago iCNG AMTXTA7,89,900XZA+8,79,900XZA+ DT8,89,900XZA NRG8,79,900 ProductVariants in CNGPrice in ₹(Ex-showroom, Delhi)Tigor iCNG AMTXZA8,84,900XZA+9,54...

Young Indians will build “Aaj Ka Bharat” and “Naya Bharat

7Feb

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Feature, National News

Young Indians will build “Aaj Ka Bharat” and “Naya Bharat

New Delhi, February 7, 2024. With a vision to strengthen the growing logistics sector with skilled manpower, Shri Rajeev Chandrasekhar, Hon’ble MoS for E&IT, Skill Development & Entrepreneurship and Jal Shakti felicitated 11 candidates from the first batch of a project under the SANKALP Programme, implemented in the Medinipur district, West Bengal. Logistics Sector Skill Council (LSC), the implementation partner of the project will train 960 candidates, within a year, in job roles like Warehouse Manager, Warehouse Supervisor and Warehouse Associate with placement opportunities within the region and beyond upon the completion and the certification. West Bengal is a key human resource hub in India, with the state being the fourth most populous and second most densely populated ...

Sitaram Kandi announced as the new CHRO of Tata Motors

2Feb

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Sitaram Kandi announced as the new CHRO of Tata Motors

Mumbai, February 02, 2024. Tata Motors, India’s leading automobile and mobility solutions company today announced that Mr. Sitaram Kandi is being appointed to the role of Chief Human Resources Officer (CHRO) of the company, effective 1st April 2024. As CHRO, Mr. Kandi will also join the Tata Motors Executive Committee. In his current role, Mr. Kandi heads Human Resources for Tata Motors’ Passenger Vehicle and Electric vehicle businesses and leads Employee Relations and Skill Building for Tata Motors. Mr. Kandi will be taking over from Mr. Ravindra Kumar G.P, who has been serving as the CHRO of Tata Motors since 2018 and will be moving on to a new responsibility within the Tata Group. A career HR professional with thirty years of experience and an alumnus of the Symbios...

Tata Motors net profit more than doubles to Rs 7,100 in Q3

2Feb

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Tata Motors net profit more than doubles to Rs 7,100 in Q3

Mumbai, February 02, 2024. Tata Motors Ltd.(TML) announced its results for quarter ending December 31, 2023. Q3FY24 Consolidated (₹ Cr Ind AS)Jaguar Land Rover (£m, IFRS)Tata Commercial Vehicles (₹Cr, Ind AS)Tata Passenger Vehicles (₹Cr, Ind AS) FY24Vs. PYFY24Vs. PYFY24Vs. PYFY24Vs. PYRevenue110,57725.0 %7,37522.0 %20,12319.2%12,91010.6 %EBITDA (%)14.3320 bps16.2410 bps11.1270 bps6.6(30) bpsEBIT (%)8.3390 bps8.8510 bps8.6270 bps2.160 bpsPBT (bei)7,582₹4,379 crs627£ 362 mn1,656₹718 crs408₹87 crsYtd FY24Revenue317,94232.5%21,13534.6 %57,20115.4 %37,9236.0 %EBITDA (%)14.1460 bps15.8570 bps10.4410 bps6.1- bpsEBIT (%)7.9570 bps8.3780 bps7.7400 bps1.670 bpsPBT (bei)19,022₹22,555crs1,504£1,936 mn4,119₹2,588 crs890₹387 crs Tata Motors Consolidated: TML delivered a stron...

Tata Motors registered total sales of 86,125 units in January 2024

1Feb

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Tata Motors registered total sales of 86,125 units in January 2024

Mumbai, February 01, 2024. Tata Motors Limited sales in the domestic & international market for January 2024 stood at 86,125 vehicles, compared to 81,069 units during January 2023. Domestic Sales Performance: CategoryJanuary 2024January 2023% change (Y-o-Y)Total Domestic Sales84,27679,6816% Commercial Vehicles: CategoryJanuary 2024January 2023Growth (Y-o-Y)HCV Trucks8,9069,994-11%ILMCV Trucks4,7434,7550%Passenger Carriers3,8722,85136%SCV cargo and pickup13,12214,094-7%CV Domestic30,64331,694-3%CV IB1,4491,08633%Total CV32,09232,780-2% Domestic sale of MH&ICV in January 2024, including trucks and buses, stood at 14,440units, compared to 14,716units in January 2023. Total sales for MH&ICV Domestic & International Business in January 2024, including tr...

Tata Motors introduces Turbotronn 2.0 engine, makes trucking more efficient and reliable

29Jan

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Tata Motors introduces Turbotronn 2.0 engine, makes trucking more efficient and reliable

Mumbai, January, 2024. Tata Motors, India’s largest commercial vehicle manufacturer, today introduced its technologically-advanced engine, Turbotronn 2.0, to deliver a new benchmark of excellence in trucking. Highly fuel efficient and reliable, this indigenously-developed, versatile engine will power Tata trucks in 19-42tonne range for multiple applications across categories. Perfectly suited for rapidly growing e-commerce, logistics, parcel and courier segments, the Turbotronn 2.0 engine is designed to address specific needs expressed by customers, offers enhanced driving experience and is engineered to deliver robust performancewith inherent benefits of lowering Total Cost of Ownership (TCO). It has been rigorously tested for over 30 lakh km and 70,000 cumulative hours across diverse ...

Tata Motors opens bookings for India’s 1st AMT CNG Cars To launch the Tiago and Tigor iCNG AMT

24Jan

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Tata Motors opens bookings for India’s 1st AMT CNG Cars To launch the Tiago and Tigor iCNG AMT

Mumbai, January 24, 2024. Tata Motors, India’s leading automotive manufacturer, has revolutionized the CNG segment in the country by introducing AMT in its CNG cars—a first in the industry. The company today opened bookings for Tiago and Tigor iCNG AMT. By incorporating Twin Cylinder CNG technology to free up the much-needed boot space in CNG cars, Tata Motors is pioneering a new trend with the introduction of automatic transmission in CNG vehicles. This is a great offering for consumers as these cars will offer superior economy of CNG, convenience of automatic, safety assurance of being built on proven architecture and top of line comfort and convenience features. Customers can now book the preferred car of their choice by vising the irnearest Tata Motors authorized dealership or on...

Tata Motors and Mahesh Cargo Movers exemplifying excellence in every mile

16Jan

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Tata Motors and Mahesh Cargo Movers exemplifying excellence in every mile

New Delhi, January, 2024. Transporting medication is more than just moving packages. It is crucial for pharmacies to deliver the right medication to the right place on time to avoid health impacts. In less developed areas, lack of access to medications can have serious consequences. Temperature-sensitive medications, vaccines and biologics must be handled carefully to maintain their effectiveness and safety for patients. Mahesh Cargo Movers (MCM) is one of the leading companies in Refrigerated Transportation in the Pharmaceuticals industry. Under Mr. Girish Biyani's leadership, Mahesh Cargo Movers was established 28 years ago as a logistics pioneer, excelling in temperature-controlled transportation and regulatory compliance. Their strategic approach has driv...

Tata Motors launches ‘Customer Care Mahotsav’, an unique engagement program for commercial vehicles customers

15Jan

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Tata Motors launches ‘Customer Care Mahotsav’, an unique engagement program for commercial vehicles customers

Mumbai, January 2024. Tata Motors, India’s largest commercial vehicle manufacturer, has announced its 'Customer Care Mahotsav', a comprehensive customer engagement program for commercial vehicle customers. Scheduled from 14th Januaryto 30thMarch 2024, this initiative will take place across all authorised Tata Motors service outlets across the country. The Customer Care Mahotsav will serve as an ideal platform for rich engagement with the fleet owners and truck drivers to understand their requirements and emerging trends. It will also offer a host of benefits to the customers like – meticulous vehicle check-ups by trained technicians, attractive discounts on select range of Tata Genuine Partsand access to value-added services such as Annual Maintenance Contract (AMC), Fleet Management So...

Tata Motors registered total sales of 234,981 units in Q3FY24

2Jan

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Tata Motors registered total sales of 234,981 units in Q3FY24

Mumbai, January 2024. Tata Motors sales in the domestic & international market forQ3FY 2023-24 stood at 234,981 vehicles, compared to 228,169units during Q3FY 2022-23 Domestic Sales Performance: Category Dec’23 Dec’22 % Change Q3 FY24Q3 FY23 % Change Total Domestic Sales 76,13872,9974%229,610223,0013% Commercial Vehicles: Category Dec’23 Dec’22 % Change Q3 FY24Q3 FY23 % Change HCV Trucks 11,19910,17810%29,65627,6257%ILMCV Trucks 5,6755,2558%15,41114,0929%Passenger Carriers 3,0602,69414%7,7046,49419%SCV cargo and pickup 12,73414,827-14%38,96443,493-10%Total CV Domestic 32,66832,954-1%91,73591,7040%CV IB 1,51299552%4,7914,21014%Total CV 34,18033,9491%96...

Tata Motors electrifies Bengaluru’s urban commuting with 100 Starbus EVs

27Dec

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Tata Motors electrifies Bengaluru’s urban commuting with 100 Starbus EVs

Bengaluru, 27th December, 2023. ata Motors, India’s largest commercial vehicle manufacturer, has accelerated Bengaluru's electrified public transport with the delivery of technologically-advanced Starbus EVs to Bengaluru Metropolitan Transport Corporation (BMTC). This marks a significant milestone as part of a larger order as per the agreement between TML Smart City Mobility Solutions Ltd., a Tata Motors subsidiary, and BMTC, encompassing the commencement of supply, operation and maintenance of 921 state-of-the-art 12-metre low-floor electric buses, over a 12-year period. Tata Starbus EV, an indigenous innovation, joins BMTC's fleet, boasting superior design and best-in-class features for a sustainable and comfortable commuting experience. Aligned with the Make in India and Atmanirbhar ...