Tata Motors anticipates gradual domestic market recovery due to govt investments, economic conditions, new launches, and festive seasons.

Tata Motors expects gradual domestic market recovery despite sluggish global demand for the current fiscal year, supported by govt infrastructure investments, economic conditions, new launches, & festive seasons. Domestic demand decline in May & June due to high channel inventories & moderated EV demand. The company aims to boost sales through retail acceleration, marketing campaigns, product interventions, & cost reduction efforts.

August 11, 2024
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