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The Latest Breaking News from Shailesh Chandra

Auto industry remains a key driver of growth for India's economy: SIAM president

India's automotive sector achieved record domestic sales across multiple segments in FY2025-26. Passenger vehicles and two-wheelers saw their highest-ever sales figures during this period. Exports also experienced significant growth, reflecting strong international demand for Indian vehicles. The industry fully transitioned to E20-compliant gasoline vehicles, supporting national energy goals. Electric vehicle…

The Economic Times

Auto sector must focus on building global leadership with scale: Industry leaders

Indian auto leaders urge a shift from resilience to global competitiveness and technology leadership. The sector aims to become a leading automotive manufacturing and mobility hub worldwide. India's automotive industry seeks to establish 'Made in India' as a symbol of quality. The focus is now on designing, developing, and exporting…

The Economic Times

Tata Succession Plan: Senior executives and family scions seen in early list for top job after Chandrasekaran's exit

Tata Sons has begun the search for N Chandrasekaran’s successor after he announced plans to step down as chairman in February. Tata Steel CEO TV Narendran, Tata Power CEO Praveer Sinha, Tata Motors’ Shailesh Chandra and Tata Chemicals’ Ramakrishnan Mukundan are among contenders. Tata Trusts chairman Noel Tata’s children Neville…

The Economic Times

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Tata Motors PV's Shailesh Chandra says capex, strategy to stay unchanged as Chandrasekaran exits Tata Sons

Tata Motors Passenger Vehicles will maintain its growth strategy and capex plans. The company's Managing Director confirmed no changes despite leadership transitions. Future plans include a 20 percent domestic market share by FY31. This involves nearly doubling annual volumes and launching new models. Production capacity will also increase significantly within…

The Economic Times

Tata Motors PV Q1 Results: Net profit plunges 80% YoY to Rs 775 crore, revenue rises 9%

Tata Motors PV Q1 Results: Tata Motors Passenger Vehicles on Thursday reported a consolidated net profit of Rs 775 crore for the April-June quarter of FY27, marking more than 80% year-on-year decline from the Rs 3,924 crore in the same period last year.

The Economic Times

Tata Motors Passenger Vehicles' June sales jump 69%; EV volumes more than double

Tata Motors Passenger Vehicles witnessed a remarkable 69% surge in June sales, reaching 63,083 units, propelled by strong demand and a doubling of electric vehicle sales. Domestic passenger vehicle sales also saw a significant 67% jump. The company's leadership in electric mobility continues to strengthen, with EV volumes more than…

The Economic Times

West Asia crisis shifted Indian EV market from 'push mode to pull mode': Tata Motors MD

The West Asia war has significantly boosted electric vehicle adoption in India, shifting the market from a 'push' to a 'pull' mode, according to Tata Motors' Shailesh Chandra. He noted that rising fuel prices and concerns over availability are making consumers, especially in the entry-level segment, more open to EVs.…

The Economic Times

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Maruti, Tata lead hatchback revival as India's carmakers rediscover the mass market

Indian carmakers are rediscovering the hatchback. For years, SUVs dominated sales. Now, rising prices and economic challenges mean small cars are key for growth. Companies like Maruti Suzuki and Tata Motors are investing in new, feature-rich hatchbacks. This strategy aims to attract first-time buyers and expand the market.

The Economic Times

Fuel price hikes may impact auto demand; too early to revise FY27 outlook: TMPV MD & CEO

Fuel price hikes are a concern for the auto industry. Tata Motors Passenger Vehicles MD & CEO Shailesh Chandra says it is too early to assess the impact on demand. He remains optimistic about the company's growth prospects. EV demand is showing strong momentum. Capacity for EVs can be enhanced…

The Economic Times

Tata Motors PV launches next-gen Tiago from Rs 4.69 lakh, Tiago.ev from Rs 6.99 lakh with lifetime battery warranty

2026 Tata Tiago Facelift Launched at Rs 4.69 Lakh. Tata Motors has launched the new Tiago hatchback and Tiago.ev. These models feature updated styling and advanced technology. Customers can choose from petrol, CNG, and electric powertrains. The company aims to offer premium experiences in affordable hatchbacks. The Tiago is the…

The Economic Times

Tata Motors Q4 profit falls 32% to ₹5,783 crore on weak JLR performance

In the March quarter, Tata Motors reported a significant 32 percent drop in net profit, reflecting increased operational costs and obstacles at Jaguar Land Rover. On a brighter note, the domestic market delivered impressive growth, with passenger vehicle sales up nearly 50 percent.

The Economic Times

Expect PV sales in India to grow 10% in FY27: TMPV MD & CEO Shailesh Chandra

Passenger vehicle sales in India are projected to grow by approximately 10% this fiscal year, driven by sustained strong demand. Despite geopolitical uncertainties and potential fuel price hikes, the industry remains optimistic about maintaining this growth momentum. Tata Motors is confident in its product pipeline and expects an industry-beating growth…

The Economic Times

Tata Motors PV bets on SUV, EV demand to drive ‘industry-beating’ growth in FY27 despite geopolitical risks

Tata Motors Passenger Vehicles anticipates significant growth in FY27. Strong demand for SUVs, CNG, and electric vehicles will drive production increases. The company aims for industry-beating performance. Potential challenges from global events and commodity prices are being monitored. This follows a record sales year in FY26, with the company securing…

The Economic Times

Tata Group to make significant investments in electric mobility: N Chandrasekaran

GREATER NOIDA: Transition to electric mobility in India will happen much faster and the Tata Group will make significant investments in the sector to develop a range of products, Group chairman N Chandrasekaran said on Wednesday.

The Times of India

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The Times of India

Tata Motors loss widens to Rs 4,951 crore in June quarter as JLR sales dip

NEW DELHI: Tata Motors on Wednesday reported a consolidated net loss of Rs 4,951 crore in the June quarter as chip shortage and Covid-19 lockdown in China impacted Jaguar Land Rover sales.

The Times of India

Tata Motors beats Hyundai to become No. 2 carmaker

NEW DELHI: Fuelled by strong demand for SUVs and electrics, Tata Motors pipped close rival Hyundai to emerge as the number two passenger vehicles maker in India, behind top player Maruti Suzuki.

Bangkok Post

Tata Motors plans to launch longer range EVs

NEW DELHI: Tata Motors Limited said yesterday that it planned to launch electric vehicles (EVs), including SUVs, using a new design which will allow for a larger battery and a range of up to 500 kilometres.

The Times of India

Tata Motors to invest Rs 24,000 crore in passenger vehicles business

MUMBAI: On a roll after becoming the top SUV maker in India -- ahead of traditional heavyweights Hyundai, Maruti and Mahindra Mahindra -- Tata Motors is lining up one of its biggest investment plans for its passenger vehicles business as looks to pump in more than Rs 24,000 crore over…

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