Commercial Car Industry To Grow At Over 30% Next Fiscal: Tata Motors
Tata Motors launches light commercial trucks, hope to cash in on economy picking up
PTI 11 March 2021 PTI PTI 2021-03-11T14:49:55+05:30 Commercial Car Industry To Grow At Over 30% Next Fiscal: Tata Motors outlookindia.com 2021-03-11T15:04:51+05:30
Auto major Tata Motors expects the commercial vehicles industry to grow over 30 per cent in the next fiscal on the back of cyclical demand uptick and overall recovery of economic activity, according to a top company official.
The company, which on Thursday launched its latest range of intermediate and light commercial trucks (I&LCV) - the Ultra Sleek T-Series with price starting from Rs 13.99 lakh (ex-showroom Delhi), is also seeking to cash in on the return of demand and enhance its market share in the segment.