TMCV is set for double-digit revenue and profit growth in FY27, backed by strong demand, market share gains, exports and improving cash generation
The commercial vehicle maker reported a net profit of Rs 2,560 crore as volumes rose 26 per cent, but commodity inflation weighed on margins and prompted price increases
The company expects exports to contribute 35 per cent of FY27 revenue as demand improves in North America and Europe, helping absorb newly created manufacturing capacity
The Naya Safar Yojana combines subsidies, tax waivers, and cheaper loans to encourage cleaner commercial vehicles across the capital
Looking ahead, while commodity pressures will persist, Tata Motors expects the momentum to continue, driven by gradual improvement in customer sentiment which had seen softening during June quarter.
Chairman N Chandrasekaran says the combined Tata Motors-Iveco business could lift annual revenue to $35-40 billion in five years, boosting global scale and technology
Commercial vehicle wholesales rose 13.5 per cent in May, supported by GST cuts and a favourable base, but ICRA expects growth to moderate to 4-6 per cent in FY27
Tata Motors says commercial vehicle electrification is nearing a tipping point, driven by improving economics, localisation and policy support
While Tata Motors Commercial Vehicles is targeting higher market share and double-digit margins, concerns over Iveco integration and input costs may limit near-term upside
Digital platforms, international operations and mobility services are emerging as key growth drivers as Tata Motors Commercial Vehicles seeks to reduce cyclicality
Tata Motors on Thursday said it will hike prices of commercial vehicles by up to 2.5 per cent across its range from July 1 to partially offset the impact of rising commodity prices and other input costs. The price increase will vary depending on the model and variant, Tata Motors said in a statement. The price increase is being undertaken to partially offset the impact of rising commodity prices and other input costs, it added.
The company is exploring autonomous defence vehicles and logistics drones while targeting a larger share of overseas defence revenue and upcoming mobility tenders
Tata Motors will keep on investing in electric and hydrogen-based technologies for commercial vehicles, Chairman N Chandrasekaran said, emphasising that the transition to cleaner mobility requires a portfolio of electric, hydrogen and cleaner internal combustion engine (ICE) technologies. In his address to shareholders in the company's annual report for 2025-26, the chairman noted that advances in digital technologies and AI are transforming how mobility products are designed, experienced and supported. Chandrasekaran, who is also the chairman of Tata Sons, observed that the transition to clean energy, heightened expectations on safety and reconfiguration of global supply chains are redefining competitiveness. Geopolitical and uneven economic recovery are adding further complexity, making agility and resilience as critical capabilities, he added. "The transition to cleaner mobility requires a portfolio of electric, hydrogen and cleaner ICE technologies. While we scale the portfolio
Tata Motors chairman says the commercial vehicles business is poised for growth after the demerger, with technology, innovation and global expansion driving strategy
The two-year programme aims to replace over 2 lakh ageing trucks and buses across Delhi-NCR through interest subsidies, tax waivers and manufacturer discounts
The Hinduja Group flagship reported record quarterly and annual revenues, EBITDA and profit, driven by strong commercial vehicle sales and export growth
Delhi raised Environment Compensation Charges as part of its anti-pollution drive, while transporters warn the move could hurt supply chains and businesses
AIMTC has called a three-day suspension of commercial vehicle operations in Delhi-NCR over rising levies, fuel costs, and regulatory restrictions
Tata Motors said rising diesel prices linked to the Middle East crisis could threaten India's commercial vehicle recovery by sharply increasing operating costs for fleet operators
Commercial vehicle maker reports higher volumes, stronger margins and record annual revenue despite headwinds from commodity prices and West Asia tensions