Published 23:31 IST, January 9th 2020
Tata Motors to start rolling out BSVI-compliant passenger vehicles from this month
Tata Motors said on Thursday that it will start rolling out BSVI-compliant passenger vehicles from this month
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Tata Motors said on Thursday that it will start rolling out BSVI-compliant passenger vehicles from this month.
auto major also plans to have four global unveils and display 14 commercial and 12 passenger vehicle at upcoming Auto Expo, Managing Director and Chief Executive Officer Guenter Butschek said.
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Tata Motors has invested Rs 1,200 crore in transition to new engine techlogy, which include investment in end-to-end focus for sales, after-sales and spare parts inventory manment, in last fiscal, he ded.
Tata Motors is all set to roll out a product offensive in 2020. It will commence introduction of its all-new BSVI range of products with passenger vehicles, starting from January 2020, company anunced.
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"From January 2020 onwards we will be introducing over 100 le models with over 1,000 variants," Tata Motors President and CTO, Rajendra Petkar said.
se will cover options of powertrain combinations, body styles, chassis configurations and techlogies imbibing CESS (connected, electric, shared and safety), he stated.
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Significant front loing of activities, use of digital product development tools and early involvement of globally reputed techlogy and supplier partners have helped us accelerate portfolio migration, he ded.
company also said BSVI transition has been single-largest focus area for it, ding that it established a state-of--art 'vance Power Systems Engineering Tech Center' at its Engineering Research Center (ERC) Pune, which has played a key role in roll-out.
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Butschek said that with this new range of products, company is confident that January marks a turning point in transition to BSVI.
"It is going to give us a much more powerful play for 2020-21, and if this is going to be supported by a bit of a tail wind, as far as market is concerned, I am confident that we are going to get back to previous growth path."
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He said recovery in passenger vehicle segment is expected in second half of next financial year.
We are cautiously optimistic. second half of next fiscal year should be a realistic horizon for recovery," he said.
He said that Union Budget 2020-21 needs to have stimulus element where industry sees continuation of what was anunced earlier by government to boost demand.
"I do hope that scrapp policy is formalised and finally approved soon. This would also help as far as transition from BSIV to BSVI is concerned," he said.
India is a widely diversified market and last year has shown industry that in order to play in such highly diversified market, with many differentiated dynamics, one needs to apply a micro market strategy, Butschek said.
He said company h t yet taken a call on pricing of BSVI vehicles.
(Im Credits: Tata Motors)
23:31 IST, January 9th 2020