Tata Motors has announced a massive investment plan of ₹33,000-35,000 crore for its passenger vehicle (PV) business, including its fast-growing electric vehicle (EV) division, over the next five years. The announcement was made during the company’s latest investor presentation.
Source : Internet
This investment will fuel the expansion of Tata’s product lineup, the integration of next-generation technologies, and profitability enhancements. Notably, ₹16,000-18,000 crore is earmarked exclusively for the EV segment between FY25 and FY30, underscoring Tata’s aggressive push towards electrification.
As part of its long-term product strategy, the automaker plans to launch 30 new models by 2030, including seven brand-new nameplates and 23 refreshed versions. The portfolio will span internal combustion engines, electric vehicles, and next-gen platforms — with exciting additions like the revived Sierra and two models under the futuristic Avinya EV series.
Tata Motors is targeting a passenger vehicle market share of 16% by FY27, with ambitions to touch 18-20% by FY30, up from 13.2% in FY25. The EV business is set to play a pivotal role, projected to contribute 20% of PV sales by FY27, rising to 30% by FY30.
In FY25, Tata’s PV business generated ₹48,400 crore in revenue and plans to allocate 6-8% of its annual turnover to capital expenditure through the investment period. The company also aims to boost its PV EBITDA margin to over 10% by FY30, driven by a stronger product mix, scaling efficiencies, and cost optimisation.
Meanwhile, Tata’s EV division turned operationally profitable in FY25 — a year ahead of schedule — supported by high localisation, stringent cost controls, and benefits from the government’s PLI (Production-Linked Incentive) scheme. The company secured ₹250 crore in PLI incentives for FY25, a sharp rise from ₹102 crore in FY24.
With this bold investment roadmap, Tata Motors is accelerating its journey to lead India’s passenger and electric mobility space.
