Tata Motors currently sells PVs ranging from hatchback Tiago with starting price of Rs 4.7 lakh to SUV Harrier tagged at Rs 19.1 lakh (ex-showroom Delhi).
Tata Motors said its PV business has been witnessing strong demand for its 'New Forever' range of Cars & SUVs and grew by 39 per cent in financial year 2021 over financial year20.
In the third quarter of financial year 2021, Tata Motors also registered the highest ever sales in the last 33 quarters and continues to work on debottlenecking the supply chain and ramping up its output to meet the increased demand, it added.
On Monday, Maruti Suzuki India had said it increased the price for select models by up to Rs 34,000 to offset the adverse impact of rising input costs. Earlier this month, Mahindra & Mahindra announced a hike in prices of its range of personal and commercial vehicles by around 1.9 per cent.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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