Tata Motors PV eyes ₹6 trillion revenue, 1.2M units by FY31 in doubling bid
Tata Motors Passenger Vehicles unveiled a FY31 roadmap targeting near-doubling of revenue to ₹6 trillion and sales to 1.2 million units, backed by ₹330-350 billion in investment through FY30. EV and CNG vehicles are expected to drive over 600,000 incremental units, with the company chasing 20% market share and 10% EBIT margin.
What happened
Tata Motors Passenger Vehicles targets nearly doubling revenue to ₹6 trillion and sales to 1.2 million units by FY31, with EV and CNG vehicles driving over
Key facts
- ₹6 trillion revenue target
- 1.2 million units by FY31
- ₹330-350 billion investment FY26-FY30
- 1.3 million units capacity
- 10% EBIT margin
- 20% market share
Why this matters
The ₹330-350B investment envelope and EV/CNG-led volume strategy open windows for battery, powertrain, and charging infrastructure partnerships, plus selective M&A to accelerate the 1.2M-unit trajectory.