Tata Motors expects growth momentum to continue in 2022
Company News

Tata Motors expects growth momentum to continue in 2022

Tata Motors anticipates its growth momentum to continue this year as well as anticipates supply-side problems to enhance, assisting it to launch more units to provide for the increased demand, according to a top firm official.

The Mumbai-based automaker, which sells models such as Nexon, Punch and Harrier, witnessed its total passenger vehicle dispatches to dealerships increase by 44% to 99,002 units in the third quarter (October-December 2021) as against 68,806 units in the same term of the previous year. Last month, it registered a 50% increase in total passenger vehicle sales to 35,299 units as against 23,545 units in December 2020.

Tata Motors Passenger Vehicles Managing Director Shailesh Chandra told the media that there have been supply-side problems that have not permitted them to completely unleash the demand potential that they have for their range of cars.

He said that the firm is coming with more options in the mass segment to grow its customer base. The firm's debut in the entry-level SUV segment with Punch in 2021 is one fine example of bringing models in increasing segments. They will keep introducing new models in the new development areas.

The company has launched CNG trims, SUVs and continues to drive electric vehicles (EV). Every year there will be various kinds of exciting versions of their current models or some sort of exciting intervention which links with new-age customers. It is the set of things that they will continue to do.

Besides, the firm would continue to work in terms of mitigating the risks, which are emerging from the semiconductor crisis, and additionally focus on price reduction efforts inside the organisation given the influence the commodity pricing has had on the overall financials of the firm.

Image Source

Also read: Tata Motors to increase prices of its commercial vehicles

Also read: Tata Tech expects 35% biz growth with increasing EV demand in India

Tata Motors anticipates its growth momentum to continue this year as well as anticipates supply-side problems to enhance, assisting it to launch more units to provide for the increased demand, according to a top firm official. The Mumbai-based automaker, which sells models such as Nexon, Punch and Harrier, witnessed its total passenger vehicle dispatches to dealerships increase by 44% to 99,002 units in the third quarter (October-December 2021) as against 68,806 units in the same term of the previous year. Last month, it registered a 50% increase in total passenger vehicle sales to 35,299 units as against 23,545 units in December 2020. Tata Motors Passenger Vehicles Managing Director Shailesh Chandra told the media that there have been supply-side problems that have not permitted them to completely unleash the demand potential that they have for their range of cars. He said that the firm is coming with more options in the mass segment to grow its customer base. The firm's debut in the entry-level SUV segment with Punch in 2021 is one fine example of bringing models in increasing segments. They will keep introducing new models in the new development areas. The company has launched CNG trims, SUVs and continues to drive electric vehicles (EV). Every year there will be various kinds of exciting versions of their current models or some sort of exciting intervention which links with new-age customers. It is the set of things that they will continue to do. Besides, the firm would continue to work in terms of mitigating the risks, which are emerging from the semiconductor crisis, and additionally focus on price reduction efforts inside the organisation given the influence the commodity pricing has had on the overall financials of the firm. Image Source Also read: Tata Motors to increase prices of its commercial vehicles Also read: Tata Tech expects 35% biz growth with increasing EV demand in India

Next Story
Infrastructure Urban

India Spent Rs 1.5 Tn on Smart Cities in Past 10 Years

The Indian government launched the Smart Cities Mission on June 15, 2015, with the goal of transforming urban infrastructure across the country. As of April 11, 2025, ten years since its inception, over Rs 1.5 trillion has been spent on 7,504 completed projects, representing 94 per cent of the total planned projects valued at more than Rs 1.64 trillion. An additional Rs 131.42 billion worth of projects are currently under implementation. According to data from SBI Research, 92 per cent of the funds were utilised across 21 major states, with Uttar Pradesh, Tamil Nadu, and Maharashtra together ..

Next Story
Infrastructure Energy

Hyundai’s EcoGram Converts Gurugram’s Waste to Clean Energy

Hyundai’s EcoGram, a biogas plant and material recovery facility located in Gurugram, Haryana, has been established to support circular economy initiatives. The facility collects both wet and dry waste from 20 bulk waste generators, including residential welfare associations (RWAs), corporate offices, and commercial complexes, with assistance from the Municipal Corporation of Gurugram (MCG). At the facility, the collected waste undergoes processing—wet waste is converted into biogas, which is then used to generate electricity, while dry waste is sorted for recycling. Since its inception,..

Next Story
Infrastructure Transport

Metro Line 8 DPR Nears Completion; CIDCO to Float Rs 200 Bn Tenders

The City and Industrial Development Corporation (CIDCO) is nearing completion of the Detailed Project Report (DPR) for Metro Line 8, commonly known as the Gold Line. This strategic 34.9-kilometre corridor is set to link Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSMIA) with the upcoming Navi Mumbai International Airport (NMIA). Estimated to cost around Rs 200 billion, the project is being developed under the Public-Private Partnership (PPP) model. Once completed, Metro Line 8 will become Mumbai's second such corridor after Metro Line 1. CIDCO plans to float tenders once ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?