Tata Motors PV eyes over Rs 6 lakh crore revenue by FY31

Tata Motors Passenger Vehicles is projecting a significant revenue surge, aiming to surpass Rs 6 lakh crore by fiscal year 2031 with a 10% EBIT margin. The company plans to boost annual production capacity to 1.3 million units within the next 2-3 years. This expansion will involve investments in new facilities and optimizing existing ones, alongside scaling up supplier capabilities to meet ambitious volume targets.

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