Tata Motors mulls revamping of commercial vehicles portfolio

6 Sep 2022 , 03:19 PM

Tata Motors, India’s largest commercial vehicle manufacturer, plans to invest up to Rs4,000 crore in the next two years to revamp and rationalise its product portfolio as well as introduce cleaner powertrains in order to meet future emission standards in an industry that appears to be on track to reach a new high in sales volumes.

Beginning in April 2023, the business will roll out new flexible vehicle designs that will not only fulfill impending real-world driving pollution standards, but will also be able to service the demands of diesel, gas, and electric cars on the same product platform.

With the said product portfolio transformation plan, the company could be able to rationalise vehicle architectures by 30%, stated sources.

The business introduced a range of goods in the intermediate, medium, and heavy commercial vehicle segments on Monday, including CNG alternatives in larger vehicles and sophisticated driver aid systems in trucks.

This makes its range cleaner and safer, which has helped its passenger car sector to stand out.

At around 3.25 PM, Tata Motors was trading at Rs457.55 down by 0.32% from its previous closing of Rs459 on the BSE.

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