India's Tata Motor PV targets 18-20% market share, double-digit margin – marketscreener.com

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Published on 06/16/2026 at 03:40 am EDT – Modified on 06/16/2026 at 04:42 am EDT
June 16 (Reuters) – India’s Tata Motors Passenger Vehicles said on Tuesday it is targeting a market share of 18-20% and a double-digit EBITDA margin, as it plans to invest billions across its passenger vehicle and electric vehicle segments.  
Here are some key takeaways from its annual report:
o Tata Motors PV plans to invest 330 billion to 350 billion rupees ($3.49 billion-$3.70 billion) in its passenger and electric vehicle business from FY26-30
o The company expects steady domestic demand, driven by growth in sport utility vehicles, compressed natural gas models and electric vehicles
o “We enter FY27 with confidence, supported by a robust pipeline of new launches and multi-powertrain offerings,” Chairman N Chandrasekaran said
o Jaguar Land Rover, which contributes about 80% to Tata’s revenue, plans to maintain its £18 billion ($24.15 billion) investment plan over the five years from fiscal 2024
o JLR aims to lower its breakeven volumes to around 300,000 units over the next two years by targeting £1.7 billion in cost savings
o Tata Motors PV will continue to focus on electric vehicles, with five new models planned by FY30 and investments in its zero-emission ecosystem
($1 = 94.4975 Indian rupees)
($1 = 0.7453 pounds)
($1 = 94.4975 Indian rupees)
(Reporting by Urvi Dugar in Bengaluru; Editing by Sonia Cheema and Janane Venkatraman)

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