Tata Motors eyes CV biz in a big way

Ratan-TataRatan Tata-led Tata Motors has recently said that the company is planning to expand its operations in the CV business and the company will launch a couple of models in the Indian market in the coming times.

Tata Motors Group's Managing Director and CEO, Carl Peter Forster recently said that the company will launch a few more models in the Indian market by the year-end.

While the move comes in the wake of a rising demand for trucks and automobiles in the domestic market, Forster also mentioned the fact that the upcoming models will be from the Jaguar brand in the domestic circuit.

Moreover, the CEO also highlighted the fact that as the company is eyeing a huge opportunity globally in the trucks business, Tata Motors is exploring synergies with its joint venture partner, the Italian auto giant, Fiat.

There is no denying to the fact that the Tata Group has all the ingredients to be and has an ambition to be a big player globally, the coming months are expected to be very exciting especially for the automotive vertical of the conglomerate.