Tata Motors to ramp up production
Upbeat on growth momentum in 2022
image for illustrative purpose
New Delhi: Tata Motors expects its growth momentum to continue this year as well as anticipates supply side issues to improve, helping it roll out more units to cater to the enhanced demand, as per a top company official.
The Mumbai-based automaker, which sells models like Punch, Nexon and Harrier, saw its total passenger vehicle dispatches to dealerships rise by 44 per cent to 99,002 units in third quarter (October-December 2021) as compared with 68,806 units in the same period of the previous year. Last month, it reported a 50 per cent jump in total passenger vehicle sales to 35,299 units as compared with 23,545 units in December 2020. "We believe so, because every model in our portfolio, we have now seven products and each model has contributed to this growth," Tata Motors Passenger Vehicles Managing Director Shailesh Chandra told PTI in an interaction.