Tata Motors eyes top 3 slot by 2019

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Auto-major TATA Motors ltd has drawn up plans including setting up of a new format showrooms, doubling of sales and service outlets, as part of its vision to become a top three automobile manufacturer in the country by 2019, a top official said here on Wednesday.

“Our ambition is to be on Number 3 (automobile manufacturer) across the country by 2019. Right now, we are fifth (position). Already, in Tamil Nadu we are ranked No 3”, Tata Motors ltd, Passenger Vehicle Business Unit, President, Mayank Pareek told reporters here.

Elaborating, Pareek said the company would tap technology to set up digital showroom expected to come up in Mumbai initially and had also planned to increase the sales and service outlets present across the country by 2020.

“Right now, our sales network is 700. We will more than double sales by 2020. That is the plan”, he said. On the outlook for financial year 2017-18, he said the company hopes to grow more than the industry growth.  “For next year, industry forecast is expected to be at 9-10 per cent growth. We will be doing better than industry. We certainly promise to do much better than industry growth”, he said, without declining to reveal any figures.   

Daily Pioneer
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