India, June 5 -- The Indian auto industry is poised for significant growth, and if it moves towards 60 lakh vehicles by 2030, Tata Motors Passenger Vehicles Ltd should aim for over 20 per cent market share, according to its Chairman N Chandrasekaran.

In his address at the Tata Motors Passenger Vehicles (TMPV) dealer business planning meet 2026 in Goa, Chandrasekaran who is also the Chairman of Tata Sons -- the promoter holding firm of the Tata conglomerate -- reiterated that the company has already committed significant capital investment of Rs 35,000 crore by 2030 and will "recalibrate" the plan "as we progress", according to people aware of the development.

He told the dealer partners that from being told to exit the passenger vehicle...