Tata Motors reaches 1.5 million sales milestone in ILMCV segment
ECONOMY & POLICY

Tata Motors reaches 1.5 million sales milestone in ILMCV segment

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.

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.

Next Story
Infrastructure Urban

Macrotech acquires Bain Capital's stake in 3 entities for Rs 3 Bn

Realty firm Macrotech Developers has acquired Bain Capital's stake in three industrial and logistics park entities for Rs 3.07 billion as part of a strategy to enhance rental income. Macrotech Developers is one of the leading real estate firms in the country. It sells properties under Lodha brand. In a regulatory filing, the company informed that it has "executed Securities Purchase Agreements (SPAs) with India Opportunities Fund SSA Scheme 1 and DSS Opportunities Investment 1 (Bain Capital) for acquisition of their interest in the digital infrastructure platform entities (Bellissimo Digital I..

Next Story
Infrastructure Urban

Tata Steel reports Rs 7.59 Bn net profit in Jul-Sep

Tata Steel reported a net profit of Rs 7.58 billion for the September 2024 quarter, helped by lower expenses. It had posted a net loss of Rs 65.11 billion in the July-September period of the preceding 2023-24 fiscal, the company said in an exchange filing. In a separate statement, Tata Steel CEO and MD TV Narendran said the global operating environment remained complex, with key regions facing subdued growth. Macroeconomic conditions in China continued to weigh on commodity prices, including steel. In India, steel demand continued to improve, but domestic prices were under pressure due to chea..

Next Story
Infrastructure Urban

SC to verdict on Nov 7 on plea against NCLAT

The Supreme Court is scheduled to pronounce its verdict on a plea of State Bank of India (SBI) and other creditors challenging the National Company Law Appellate Tribunal (NCLAT) decision that upheld the resolution plan of grounded air carrier Jet Airways and approved the transfer of its ownership to Jalan Kalrock Consortium (JKC). A bench of Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra will pronounce the verdict which was reserved on October 16. The NCLAT had on March 12 upheld the resolution plan of the grounded air carrier and approved the transfer of its ownersh..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000