India, June 5 -- Tata Motors is aiming for significant growth in the Indian passenger vehicle market. The carmaker is aiming for a 20% market share in the segment as the Indian passenger vehicle market is poised to see 60 lakh cars being sold across the country by 2030, hinted the company's Chairman N Chandrasekaran. At the Tata Motors Passenger Vehicles (TMPV) dealer business planning meet 2026, Chandrasekaran also said that the company has already committed significant capital investment of Rs.35,000 crore by 2030 and will recalibrate the plan.

Tata Motors is currently the second top player in the Indian passenger vehicle market, right next to the country's biggest carmaker in terms of volumes, Maruti Suzuki. In FY2026, Tata Motors hel...