Tata Motors Expects Demand to Be 'Back on Track' from July
The country's biggest vehicle maker by revenue showcased an extensive range of sustainable mobility solutions at the Auto Expo 2020.
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Despite witnessing an 18% drop in domestic sales in January’20 at 45,242 units as compared to 54,915, Tata Motors says it expects positive growth in sales from July onwards. It expects some demand to pick up in March, just before the change in emission norms from BS-IV to BS-VI and then from July onwards.
VivekSrivatsa, Head Marketing, Passenger Vehicles Business Unit, Tata Motors, said, “The Auto industry has grown basis on demand inherent in the market. So that is the way it will grow. Moreover, India’s car penetration is much lower than other countries. Just like we are catching up on smartphone penetration, electricity genetration, we will catch up in auto market penetration as well."