Tata Motors Limited Reports 29.9% YoY Growth in January 2026 CV Sales
Tata Motors Limited achieved strong commercial vehicle sales of 41,549 units in January 2026, marking 29.9% year-on-year growth from 31,988 units. The performance was driven by robust growth across segments, with HCV trucks leading at 41.2% growth and international business showing exceptional 42.0% increase.
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Tata Motors Limited has announced strong commercial vehicle sales performance for January 2026, with total sales reaching 41,549 units compared to 31,988 units in January 2025. The company reported a 29.9% year-on-year growth, demonstrating robust market demand across multiple vehicle categories.
Overall Sales Performance
The commercial vehicle division delivered impressive results across domestic and international markets. Domestic sales contributed 38,844 units with 29.1% growth, while international business showed exceptional performance with 2,705 units, marking a 42.0% increase from the previous year.
| Category: | January 2026 | January 2025 | Growth (Y-o-Y) |
|---|---|---|---|
| HCV Trucks: | 12,691 | 8,990 | 41.2% |
| ILMVC Trucks: | 7,071 | 5,298 | 33.5% |
| Passenger Carriers: | 4,562 | 4,582 | -0.4% |
| SCV Cargo and Pickup: | 14,520 | 11,213 | 29.5% |
| Domestic Sales: | 38,844 | 30,083 | 29.1% |
| International Business: | 2,705 | 1,905 | 42.0% |
| Total: | 41,549 | 31,988 | 29.9% |
Segment-wise Performance Analysis
Heavy Commercial Vehicle (HCV) trucks emerged as the strongest performer with 41.2% growth, reaching 12,691 units compared to 8,990 units in January 2025. The Intermediate Light and Medium Vehicle Commercial (ILMVC) trucks segment also showed strong momentum with 33.5% growth, achieving 7,071 units.
Small Commercial Vehicle (SCV) cargo and pickup segment contributed significantly with 14,520 units, representing 29.5% growth. However, passenger carriers remained relatively flat with a marginal decline of 0.4%, recording 4,562 units against 4,582 units in the previous year.
Market Positioning and Growth
The company's domestic and international sales for Medium, Heavy & Intermediate Commercial Vehicles (MH&ICV) reached 20,792 units in January 2026, compared to 16,076 units in January 2025. Domestic MH&ICV sales specifically stood at 19,676 units versus 15,137 units in the corresponding period last year.
Tata Motors Limited, part of the USD 180 billion Tata Group, continues to strengthen its position as India's largest commercial vehicle manufacturer. The company operates across India and South Korea, maintaining a global presence in Africa, the Middle East, Latin America, Southeast Asia, and SAARC countries.
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