Automobile manufacturer Tata Motors on Sunday reported an exponential rise in its domestic sales for September on the back of growing festive demand and introduction of new products.
According to the company, its September domestic passenger and commercial vehicle sales rose by 25 per cent to 53,965 units.
However, the company's exports during the month under review declined by 27 per cent to 3,887 units shipped out.
"Tata Motors overall commercial vehicles sales in September 2017 were at 36,679 numbers -- higher by 29 per cent over September 2016," the company said in a statement.
"The sales grew on the back of strong ramp-up in production, growing demand for new product launches and higher customer uptick owing to peak festive season buying trends across segments."
The company said its domestic passenger vehicles sales grew 18 per cent over September 2016 to 17,286 units last month.
"This was augmented by the strong growth momentum for new generation vehicles Tiago, Tigor and Hexa," the statement said.
"The newly launched compact SUV, Tata Nexon has also received a tremendous response in the market."
--IANS
rv/dg
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
