Tata Motors also revealed that it had produced 73,107 units of Nexon, Punch during Q1 FY23, up 234.64 per cent compared to 21,846 units sold in Q1 FY22.
Indian automaker’s SUV portfolio contributed 68 per cent of Q1FY23 sales, while its electric vehicle (EV) sales reached new heights with sales of 9,283 in Q1 FY23.
The automaker will be making its highest ever domestic investment of up to Rs 6,000 crore for the expansion of its portfolio capacity. On the other hand, Jaguar Land Rover would be getting around Rs 26,000 crore or 2.6 billion pounds.