Tata Motors reaches 1.5 million sales milestone in ILMCV segment

29 Oct 2024 CW Team

To celebrate this accomplishment, the company has introduced new variants of its popular trucks and tippers, including models such as the Tata SFC 407 Gold, Tata LPT, Tata SFC 709G, Tata LPT 1109G, Tata LPK 1112, and Tata LPK 1416. Additionally, Tata Motors has launched appealing finance schemes for first-time buyers and is offering a six-year extended warranty across its ILMCV range, aiming to provide customers with complete peace of mind.

The ILMCV segment consists of trucks with a gross vehicle weight ranging from 4 to 19 tonnes, catering to various sectors including agriculture, e-commerce, construction, and logistics. Tata Motors is committed to delivering superior, fuel-efficient solutions that ensure a low cost of ownership and high vehicle uptime, thereby enhancing profitability for its customers.

Rajesh Kaul, Vice President & Business Head – Trucks at Tata Motors, expressed that reaching the 1.5 million sales milestone is a moment of immense pride for the company. He remarked that it serves as a testament to the trust and loyalty of their customers, reinforcing Tata Motors' commitment to providing innovative solutions that enhance customer operations. He emphasised that the new variants and extended warranty are designed to improve earning potential and ensure long-term peace of mind, keeping the company ahead of customer expectations. He also mentioned that as they move forward, their focus remains on being customer-centric, reaffirming their role as a valued partner in driving long-term growth and success.

As a comprehensive mobility solutions provider, Tata Motors offers commercial vehicles equipped with advanced features, efficient powertrains, and value-added services. The ILMCV portfolio includes a variety of cabin options such as the LPT, SFC, Signa, and Ultra ranges, along with diverse deck lengths and body styles. This extensive product lineup is further enhanced by Tata Motors' Sampoorna Seva 2.0 initiative, which provides comprehensive vehicle lifecycle management, including breakdown assistance, guaranteed turnaround times, annual maintenance contracts (AMC), and easy access to genuine spare parts.

Tata Motors, recognised as India’s largest commercial vehicle manufacturer, recently announced a significant milestone by achieving sales of 1.5 million trucks in the Intermediate, Light, and Medium Commercial Vehicle (ILMCV) segment. This achievement positions Tata Motors as the sole truck manufacturer in the country to reach this landmark. To celebrate this accomplishment, the company has introduced new variants of its popular trucks and tippers, including models such as the Tata SFC 407 Gold, Tata LPT, Tata SFC 709G, Tata LPT 1109G, Tata LPK 1112, and Tata LPK 1416. Additionally, Tata Motors has launched appealing finance schemes for first-time buyers and is offering a six-year extended warranty across its ILMCV range, aiming to provide customers with complete peace of mind. The ILMCV segment consists of trucks with a gross vehicle weight ranging from 4 to 19 tonnes, catering to various sectors including agriculture, e-commerce, construction, and logistics. Tata Motors is committed to delivering superior, fuel-efficient solutions that ensure a low cost of ownership and high vehicle uptime, thereby enhancing profitability for its customers. Rajesh Kaul, Vice President & Business Head – Trucks at Tata Motors, expressed that reaching the 1.5 million sales milestone is a moment of immense pride for the company. He remarked that it serves as a testament to the trust and loyalty of their customers, reinforcing Tata Motors' commitment to providing innovative solutions that enhance customer operations. He emphasised that the new variants and extended warranty are designed to improve earning potential and ensure long-term peace of mind, keeping the company ahead of customer expectations. He also mentioned that as they move forward, their focus remains on being customer-centric, reaffirming their role as a valued partner in driving long-term growth and success. As a comprehensive mobility solutions provider, Tata Motors offers commercial vehicles equipped with advanced features, efficient powertrains, and value-added services. The ILMCV portfolio includes a variety of cabin options such as the LPT, SFC, Signa, and Ultra ranges, along with diverse deck lengths and body styles. This extensive product lineup is further enhanced by Tata Motors' Sampoorna Seva 2.0 initiative, which provides comprehensive vehicle lifecycle management, including breakdown assistance, guaranteed turnaround times, annual maintenance contracts (AMC), and easy access to genuine spare parts.

Resources

04 Jun 2026

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Infrastructure Transport

04 Jun 2026

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Real Estate

04 Jun 2026

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..