Tata Motors lines up slew of models to take on rivals
Targetting to become the third biggest passenger vehicle maker in India by 2019-20 after Maruti Suzuki and Hyundai, homegrown auto major Tata Motors is lining up a slew of new products, including a compact SUV, premium hatchback and an executive sedan.
At the 5th position in volume terms at present, the company is looking to fill in gaps in its product portfolio as its current models cover only 60 per cent of the passenger vehicles segment. The Mumbai-based auto major also plans to have lesser number of platforms going ahead to cut cost and complexities in product development.
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