Description of Tata Motors Ltd's Business Segments
Segments: Tata Motors Ltd operates in the following segments:
1. Passenger Vehicles - This segment includes cars, SUVs, and vans. The company offers a range of passenger vehicles such as Tiago, Tigor, Altroz, Nexon, Harrier, and Safari.
2. Commercial Vehicles (CV) - In this segment, the company manufactures and sells CVs such as trucks, buses, and light commercial vehicles. The commercial vehicles are made for both domestic and international markets.
3. Defence - Tata Motors Ltd's defence segment is primarily focused on the manufacturing of military vehicles such as armoured vehicles, troop carriers, and logistics support vehicles.
4. Electric Vehicles (EVs) - Recognising the need for sustainable development, the company has made'significant investments in the electric vehicle segment. Under this segment, they manufacture electric buses and vehicles such as Nexon EV.
Products and Services:
1. Passenger Vehicles - Tata Motors Ltd offers a broad range of compact cars, sedans, and SUVs. The company has recently launched several new passenger vehicles. These include the Altroz premium hatchback and the Nexon EV. The company also recently launched the Harrier'SUV with BS-VI engine technology.
2. Commercial Vehicles - Tata Motors Ltd is one of the largest manufacturers of commercial vehicles globally. The company manufactures trucks, prime movers, tippers, concrete mixers, and cargo and passenger vans. In addition, they also manufacture heavy-duty trucks for the mining and construction industries.
3.'Defence - Tata Motors Ltd's defence segment is dedicated to meeting the requirements of the Indian Army. The company has developed several military vehicles that have been used by the Indian Army, including the Light Armoured Vehicle (LAV) and Mine Protected Vehicle.
4. Electric Vehicles - Tata Motors Ltd has recently made a significant push into the electric vehicle market. They offer electric buses, electric passenger cars, and SUVs. The company is also working'with state transport corporations to provide eco-friendly urban transportation solutions.
Tata Motors Ltd also provides excellent after-sales service to all its customers. They have a wide network of service centres across the country to provide timely service, maintenance and repair requirements.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
