Mumbai, June 24 -- The company said it had already achieved several of its FY2027 targets ahead of schedule, including margin improvement, cash generation and strengthening its leadership position in heavy commercial vehicles.

The company aspires to be the fourth largest global player in the commercial vehicles market after the mega Iveco acquisition.

Tata Motors CV further said that now it will focus on three strategic pillars: strengthening its domestic business, scaling new growth engines and pursuing a global pivot.

The commercial vehicle maker has estimated that its domestic commercial vehicle market share will be 40% in financial year 2028, with margins consistently in double-digits throughout the cycle.

During the upcycle, the ...