Tata Motors Passenger Vehicles has announced plans to implement structural cost cuts to offset margin challenges, targeting double-digit EBITDA margins. The company aims for an 18-20% market share in the domestic passenger vehicle and EV sectors, while focusing on maintaining growth momentum in H2 and ensuring profitable growth in FY27.
Tata Motors PV: MD Aims to Boost EV Production Capacity by 50% to 15,000 Units Monthly in the Coming Quarter
The Managing Director of Tata Motors Passenger Vehicles has announced a target to boost EV production capacity by 50% to 15,000 units per month in the coming quarter. This planned ramp-up signals a significant scaling of the company's electric vehicle manufacturing operations. The development was reported by Business Standard, reflecting the company's continued focus on expanding its EV footprint in India.
Tata Motors PV, JSW, and MG Motor India See High Demand for EVs as Rising Fuel Prices Push Consumers Toward Affordable Options
Tata Motors PV, JSW, and MG Motor India are reporting high demand for electric vehicles, driven by rising fuel prices that are pushing consumers toward more affordable mobility options. The trend spans multiple automakers and price segments, reflecting a broad-based shift in consumer preference toward electric mobility in India.
Tata Motors Reduces Stake in TP Paarthav Limited to 12.89% Following Composite Scheme of Arrangement
Tata Motors has reduced its shareholding in TP Paarthav Limited to 12.89% through a composite scheme of arrangement. This corporate restructuring represents a strategic shift in the company's investment portfolio and demonstrates a systematic approach to optimizing its corporate structure and business focus areas.
08Jan 26
Tata Motors Passenger Vehicles Reduces Stake in TP Paarthav Limited to 12.89%
Tata Motors Passenger Vehicles Limited has reduced its stake in TP Paarthav Limited from 26% to 12.89% effective January 8, 2026, following the implementation of a Composite Scheme of Arrangement approved by NCLT. This reduction has resulted in TP Paarthav Limited ceasing to be an associate company. The original 26% stake was acquired in September 2025 through an agreement with Tata Power Renewable Energy Ltd.