Tata Motors to boost EV production as demand increases

14 Apr 2022 CW Team

Tata Motors is aiming to boost the production of electric vehicles (EVs) as demand continues to outpace manufacturing activity by a large margin.

The automotive manufacturer, which led the passenger EV space in the domestic market in the previous fiscal year (FY), has been getting nearly 5,500-6,000 bookings in the last two months for its EV range.

In the domestic market, the company offers three electric vehicles: Nexon EV, Tigor EV, and XPRES-T. It also just launched a coupe-style SUV that will be available in the coming two years.

Shailesh Chandra, Tata Motors Managing Director of Passenger Vehicle and EVs, told the media that the high demand for the company's electric vehicles has resulted in a backlog of orders.

He said that the company in the last month was only able to supply around 3,300-3,400 units.

Chandra said that the firm is trying to increase capacity by boosting semiconductor sources.

To increase the availability of critical chips, the company has taken actions such as design adjustments and procurement from several manufacturers.

He said that seven months ago, they were only manufacturing 600 units, but such steps enabled them to grow production to 1,500-1,700 units, then 3,000-3500 units.

According to the Federation of Automobile Dealers Associations (FADA), Tata Motors led the electric passenger car sector in 2021-22, with 15,198 units sold and an 85.37% market share.

Chandra said that the demand may be substantially greater than the 30% level as once the inflexion point is struck then the growth is completely uncontrolled.

Image Source

Also read: Tata Motors plans to invest Rs 15,000 cr in EV market in 5 years

Equipment

12 May 2026

ICEMA Reports Resilient CE Industry Amid Export Surge

India’s construction equipment (CE) industry reported a marginal decline of around 2 per cent in total equipment sales during FY2025–26, with overall sales falling to 136,995 units from 140,191 units in FY25. However, exports registered strong growth of 31.5 per cent, reinforcing India’s position as the world’s third-largest construction equipment market.According to ICEMA, domestic demand declined by around 7 per cent across most equipment categories due to slower infrastructure execution, project delays, land acquisition challenges and slower disbursement cycles. ICEMA said the secto..

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..