Ad Here  
November
December
January
February
March
April
 
 
29 per cent jump in TCS revenues Michelin to double Chennai capacity Hyundai India achieves 7 mn production at Chennai factory Dish TV – subscriber additions encouraging TN government keen on revival of operations at Nokia complex Aurobindo Pharmacy: good turnaround New India Assurance posts impressive show Tata Motors charts investments in PV and CV businesses Consolidating leadership position in smartphones Tata gets 4-star rating for Zest Preparing for the next growth curve Yamaha unveils scooter boutique Daimler’s truck exports from Chennai cross 5000 units PPP model for infrastructure development Hyundai to focus on SUVs and AMT variants Shriram Life clocks more than Rs.1000 crore premium in 2015-16 Smartphone onslaught by Chinese brands Mercedes-Benz sales continue to zoom Daimler grows sales and share in India ITC chairman calls for policy impetus to transform agriculture Welcome focus to improve rural India... Back in growth mode It takes two to tango L&T bags the Mumbai Trans-harbour link order Increasing market share Tata Motors bets on new launches Ode to Ratan Tata Wabco launches safety system Maruti – for young buyers Tata Motors joins compact SUV bandwagon with Nexon M & M unveils driverless technology for tractors Bajaj Finserv – Q1: fare well ITC – steep excise hike L & T set bigger ambitions in defence business Is this a generation gap? Eyes strong growth in 2016-17 Tata Steel, ThyssenKrupp sign MoU to merge European units TI Cycles plans retail expansion to drive sales for premium bicycles Vellayan is back, after 150 days When small is not so beautiful… RoC in the dock... Sivasankaran enters taxi space to take on Uber and Ola A welcome initiative-even critics are recognised Hindalco – re-rating LVB posts 31 per cent growth in Q1 net profit Chinese smart phones flourish in small towns too! The gainers and the losers Emami – a new growth mantra Toyota and Suzuki to introduce EVs in India by 2020 The unexpected exit Singur minus Nano – victory or folly? Nissan exit shouldn’t affect ALL Ponni Sugars (Erode) Ltd: not so sweet 2012-13 Sundram Fasteners rejigs international Forging industry worried over lower supply of steel and its price Last stages TVS Automobile invests Rs.75 crore in start-up firms Rane targets Rs.5500 crore topline by 2018-19 CAPITAL NOTES AL introduces Guru & Partner PSU non-life firms seek to protect share E.I.D Parry (India) Ltd: another sweet year Titan Company – sales recovery to kick in Land wars TVS Srichakra plans capacity expansion IOB on turnaround path HPCL plans Rs.61,000 crore capex over 5-years L&T profit up by 11 per cent Tata Motors aims to be among the Top 3 global CV & PV firm L & T’s floating dock for navy V-Guard launches app-enabled water heater system Smooth sailing of SAIL AL secures orders for 3600 buses A niche in FMCG business... Record two-wheeler sales Solar installations exceed 2015 capacity in five months Housing demand revival AL wins Deming prize again From the toughest to the best year Carnival Films acquiring 3000 screens pan India Are they really independent? He excels in the nuts and bolts of entrepreneurship Kone India eyes further growth in elevator market Gamesa to set up a plant in Nellore Right to privacy – now it’s fundamental!
 
Tata Motors charts investments in PV and CV businesses

Tata Motors has planned to invest Rs.4000 crore in the passenger vehicle and commercial vehicle business as part of its comprehensive strategy to regain its position in CV business and achieve a strong position in PV segment.

It has committed an investment of Rs.2500 for future PV programmes.

The company has planned over Rs.1500 crore investments across segments of commercial vehicles this year. It has also chalked out plans to garner 20 per cent of top line from exports. During this fiscal, it has planned at least six new launches in segments where it lacks a significant presence.

It has also planned four new products in the ILCV segment in FY18.

Tata Motors expects to recover its CV volumes in the second half of this fiscal and is also aiming to increase market share in above-16 tonne segment from 55-56 per cent to 60 per cent in two years on the back of launches.

Its volumes of LCV and buses are expected to grow by 10 per cent in this fiscal. M&HCV growth, because of the weak start in Q1 on account of the BS4 implementation and the introduction of GST, will be weak in H1 and we hope to recover the volumes in H2, the management said in the latest conference call.

On the PV side, the company expects a good response to its compact SUV-Nexon. With this, its addressable market grows from 60 per cent to 75 per cent.

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com