Tata Motors Contemplates Price Hike for Passenger Vehicles and EV

29 Nov 2023 CW Team

Tata Motors is exploring the possibility of implementing a price hike for its Passenger Vehicles (PVs) and Electric Vehicles (EVs) in January. The potential adjustment is being considered as a strategic response to escalating input costs and market dynamics. A spokesperson for Tata Motors confirmed the evaluation of this pricing strategy.

The move to reassess pricing aligns with the industry's ongoing challenges, such as increased costs of raw materials and other inputs. Tata Motors aims to navigate these challenges effectively while maintaining its commitment to delivering high-quality vehicles.

The decision to implement a price hike, if finalised, is expected to impact both traditional Passenger Vehicles and the growing Electric Vehicles segment. The company is likely to assess the extent of the adjustment in order to balance the impact on customers with the need to sustainably manage production costs.

Tata Motors, a key player in the automotive industry, is continuously adapting its strategies to ensure competitiveness and resilience in the market. The potential price hike, if executed, will be a response to the evolving economic landscape and the company's dedication to providing value to its customers.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..