Festive sales boom: Tata Motors delivers over 1 lakh vehicles between Navratri and Diwali; records 33% YoY growth
Electric vehicles (EVs) also saw strong traction, crossing 10,000 units during the 30-day period, registering a 37 per cent increase, as per news agency ANI.Commenting on the performance, Shailesh Chandra, managing director and CEO of Tata Motors Passenger Vehicles Ltd, said, “Over the 30-day period from Navratri to Diwali, we have achieved a landmark milestone with over 1 lakh vehicle deliveries, reflecting a robust 33 per cent growth compared to the same period last year”, as quoted by news agency PTI.He added, “Our SUVs continue to lead this momentum…
Our full portfolio of cars and SUVs has supported this surge further, reinforcing our strategic commitment to product leadership, market relevance and delivery excellence in this pivotal festive window.
Furthermore, we believe this performance sets the tone for the rest of the fiscal, especially as we gear up for exciting new launches this year, complemented by sustained customer enthusiasm”.The festive sales surge comes amid a robust market environment, with India’s auto sector seeing significant demand during Dhanteras.
Positive market sentiment, along with the impact of GST 2.0 reforms, has boosted consumer spending, benefitting major automakers including Tata Motors, Maruti Suzuki and Hyundai Motor India.