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Tata Motors targets 15% growth in commercial vehicle exports

Tata Motors, one of the pioneers in Indian automobile industry, is targeting to ship at least 15% more trucks and buses this financial year. Further, the company expects to ship at least 8,000 of the banned 15,000 BS-III trucks and buses in the Saarc markets, primarily Nepal, Sri Lanka and Bangladesh. Supported by a favourbale GST rate and the likely normal monsoons, the company also expects domestic sale of commercial vehicles, led by LCVs and buses, to grow 10-15 per cent in fiscal 2018.

Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.

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