Tata Motors chairman tells dealers: target 1.2M PV sales, 20% share by 2030

Chandrasekaran rallied 300+ dealers in Goa to nearly double PV volumes from 641,587 in FY26 to 1.2 million by 2030, lifting market share from 14.2% to 20%+. Backed by ₹35,000 crore investment and post-GST-cut momentum, the target follows the PV-CV demerger and rides on a 6M PV market by 2030.

— Source publishedFri, 5 Jun, 2026, 00:23 IST·First seen Fri, 5 Jun, 2026, 00:50 IST·Source ET Small Business

What happened

Tata Motors chairman Chandrasekaran told 300+ dealers in Goa to target 1.2 million PV sales and 20%+ market share by 2030, backed by ₹35,000 crore investment,

Key facts

  • 1.2 million vehicles
  • 20% market share
  • 14.2% current share
  • 641,587 PVs FY26
  • 15% growth
  • ₹35,000 crore investment
  • 6 million market 2030

Why this matters

The 1.2M target implies Tata is playing offense for #2 PV slot, raising the stakes for partnership, JV, or tuck-in M&A moves in EVs, components, and dealer consolidation plays.