Archive · 23 Nov 2025
Tata Motors PV CEO Predicts 5% Growth in FY23
Tata Motors' passenger vehicle boss says car sales will grow by 5% this year, with a big boost in the second half.
The company plans to launch new cars and improve electric vehicle offerings to keep up the momentum.
Domestic passenger vehicle volumes expected to grow by 5% in FY23
Double-digit growth anticipated in the second half of the fiscal year
April-September period saw a 1.6% YoY decline, but festive season sales rebounded
Tata Motors aims to maintain growth momentum through new product launches and marketing campaigns
Company to focus on EV growth and mainstreaming, expanding charging infrastructure
- Who
- Tata Motors Passenger Vehicles MD and CEO Shailesh Chandra
- What
- Predicted a 5% growth in domestic passenger vehicle volumes in FY23
- When
- During an analyst call
- Where
- Not specified
- Why
- Due to pent-up demand and new product launches
- FY22 Growth (April-September)
- 1.6% YoY decline
- Predicted FY23 Growth
- 5%
- Expected Growth in H2 FY23
- Double-digit
- Upcoming Launches
- New Sierra, petrol trims of Harrier and Safari
- EV Strategy
- Strengthening portfolio, expanding charging infrastructure