Tata Motors reaches production milestone of 50 lakh passenger vehicles

06 Mar 2023 CW Team

Tata Motors announced that it has reached a production milestone of 50 lakh total passenger vehicles. In 2004 and 2010, the automaker reached the milestone of 10 lakh units produced.

In 2015, it reached 30 lakh units, and in 2020, 40 lakh units.

The company reported that despite the COVID-19 and semiconductor shortage crisis that afflicted the global automotive industry, it was able to advance from 40 lakh cars to 50 lakh units in three years.

Tata Motors will launch a celebratory campaign for customers and staff members nationwide to mark the 5-million production milestone.

The company announced that it will hold celebrations at all of its manufacturing facilities and regional offices for an entire month.

Also read:
Auto component makers in an investment spree
Alten India to hire 7,000 engineers in next two years

Equipment

12 Dec 2025

Escorts Kubota Unveils BS V Next-gen Construction Range at Excon 2025

Escorts Kubota (EKL), one of India’s major engineering groups in the agricultural and construction equipment sectors, unveiled its latest BS V–compliant construction machinery line-up at Excon 2025. The refreshed portfolio underscores the company’s push toward application-driven, high-productivity solutions that reduce ownership costs and meet the needs of India’s expanding infrastructure landscape. With demand rising across urban development, industrial logistics and mining, the new range aims to deliver higher performance, durability and operator comfort.In the earthmoving segment, E..

ACE and Kotak Mahindra Bank Join Hands to Boost Backhoe Loader Financing

Action Construction Equipment (ACE), the world’s largest Pick-n-Carry crane maker and a leading manufacturer of material handling and construction equipment in India, has entered into a Memorandum of Understanding with Kotak Mahindra Bank to enhance the availability of flexible financing options for backhoe loader customers across the country.The collaboration aims to support contractors, infrastructure companies, entrepreneurs, SMEs, and emerging businesses by offering smoother access to credit through customised loan schemes, quicker turnaround times, and the extensive footprint of Kotak M..

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..