Mumbai, Nov. 13 -- Tata Motors Passenger Vehicles expects to sustain double-digit growth of around 12-13 percent in FY2027, supported by strong demand across its portfolio, increasing penetration of electric vehicles (EVs) and CNG models, and an expanding product line-up. However, the company expects growth to moderate in the second half of the financial year as the industry navigates a high year-on-year base.

Speaking during the company's Q2 FY2027 earnings conference call, Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles, said the Indian passenger vehicle industry had registered 29 percent YoY growth, with absolute volumes expected to remain strong despite some moderation in growth rates.

Tata Motors recorded its hi...