On June 19, Tata Motors Limited disclosed its decision to raise prices for its lineup of commercial vehicles, slated to take effect from July 1, 2024. This adjustment, ranging up to 2%, is a response to the rising costs of commodities and will be applied uniformly across all models and variants.
As a constituent of the USD 150 billion Tata Group, Tata Motors Limited holds a prominent position in the global automotive industry, boasting a turnover of USD 44 billion. The company is a frontrunner in India’s commercial vehicle segment and stands among the top three in the passenger vehicle market.
