Tata Motors holds 10% FY27 PV growth outlook, plans 5x EV scale-up despite fuel hikes

Tata Motors Passenger Vehicles launched the Next Gen Tiago across petrol (Rs 4.69L), CNG (Rs 5.79L) and EV (Rs 6.99L) variants. MD Shailesh Chandra retained 10% FY27 PV growth guidance, flagged 2-2.5x jump in EV bookings, and outlined plans to scale EV output from 10,000 to 50,000 units a month.

— Source publishedThu, 28 May, 2026, 16:48 IST·First seen Thu, 28 May, 2026, 16:54 IST·Source ET Small Business

What happened

Tata Motors Passenger Vehicles · Tata Motors PV launched the Next Gen Tiago in petrol, CNG and EV variants; CEO Shailesh Chandra retained 10% FY27 PV growth

Key facts

  • FY27 PV growth 10%
  • Tiago petrol Rs 4.69 lakh
  • CNG Rs 5.79 lakh
  • EV Rs 6.99 lakh
  • EV bookings 2-2.5x
  • EV output 10,000/month to 50,000

Why this matters

Tata's tri-fuel Tiago play and EV scale-up create partnership openings in battery sourcing, charging networks, and CNG infrastructure tie-ups.