Showing posts with label sales growth. Show all posts
Showing posts with label sales growth. Show all posts

Tuesday, 27 July 2021

 

Automobile Giant Tata Motors Opens Eight New Showrooms in Ahmedabad

 

In line with its retail acceleration strategy, India's automobile giant Tata Motors inaugurated eight strategically located showrooms in and around Ahmedabad. These new showrooms will embrace the brand new and modern retail identity, and it will be hosting the company's entire range of passenger vehicles, including its electric vehicles portfolio.  The new outlets of Tata Motors are situated in prime locations in these upcoming exclusive pockets, which will provide an enhanced customer experience with and quick turnaround time.

This expansion drive comes on the back of a stellar performance in the passenger vehicles market in India. Tata Motors stated that the company registered its highest ever sales in nine years and Q4 FY21. In FY21, the business registered its highest-ever annual sales in eight years while posting a growth of 69 percent versus FY20. Tata Motors also recorded a strong growth of 342 percent in Q1FY22, over Q1FY21.

The company further added that with the recent introduction of the new EV policy, the company expects to emerge as one of the largest EV states in the country, and it will constantly work hard to expand the network and product portfolio that will help cater to the state government's commitment and emphasis on green mobility.