"From a demand perspective, the market that we will watch like a hawk is China where we are seeing stress in the market," says Tata Motors group chief financial officer P.B. Balaji.
Some GST leakage may be happening under battery-as-a-service model, says Tata Motors group chief financial officer P.B. Balaji.
Profitability in JLR was affected by temporary aluminium supply constraints which resulted in EBIT margins of 5.1%, down 220 basis points.
Sales of Tata Motors, India’s largest electric carmaker, rose 10% year-on-year to 6,152 units in October. JSW MG Motor India witnessed 168% rise in retail sales at 2,530 units.
As firms bet big on brand visibility, cumulative advertising and publicity spend of BSE 500 companies hit ₹80,000 crore.
Chandrasekaran emphasised that India cannot achieve its goal of ‘Viksit Bharat’ without focusing on manufacturing job creation
Global wholesales of its commercial vehicles, including the Tata Daewoo range, hit 86,133 units in Q2 FY25
M&M sold just 39 fewer cars than the country's second-largest carmaker Hyundai Motor India in September.
The manufacturing plant is expected to produce vehicles for Tata Motors and JLR, catering to the requirements of both Indian and international markets.
Tata Motors expects CNG vehicle sales to grow faster than electric vehicles. CNG-powered vehicles accounted for 16% of Tata Motors' sales in FY24.
