Tata Motors eyes global expansion post demerger, aligns PV biz with JLR; Iveco deal to boost CV footprint

Mumbai: is stepping up its global push after a strong FY26 and the demerger of its passenger and businesses, chairman N Chandrasekaran told employees.

He said the automaker is aligning its business more closely with British luxury car unit under a unified strategy framework to unlock synergies in platforms, technology, and product development.

Speaking at the company’s annual All Hands Meet – an internal forum to outline strategy and priorities – Chandrasekaran said the October 1, 2025, demerger has begun to deliver sharper focus and faster decision-making across both businesses.

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The momentum is backed by strong performance in the just-ended fiscal year, he noted. The passenger vehicle (PV) business sold around 6,40,000 units, up 15%, helping Tata Motors regain the second position in the domestic market in the fiscal second half.

Models such as the Nexon and Punch continued to anchor growth in the SUV segment, while cumulative electric vehicle sales crossed 2,50,000 units despite intensifying competition, he said.

The commercial vehicle (CV) business reported sales of about 4,30,000 units, up 14%, outpacing industry growth. The company expanded its portfolio with 17 new trucks and tippers, launched the Ace Pro mini truck, and delivered over 3,600 electric buses, which have cumulatively logged more than 500 million kms in public transport operations. International revenue grew 71% in FY26.

Chandrasekaran also highlighted the strategic importance of the proposed acquisition of Italian truckmaker Iveco, saying the move could significantly expand Tata Motors’ global footprint in commercial vehicles.

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If completed, the deal would position the Mumbai-based company among the top four commercial vehicle manufacturers globally, marking a major step up from its current largely domestic and emerging market presence.

Looking ahead, he said Tata Motors’ strategy will be anchored around , connected technologies, and software-defined vehicles, with both PV and CV businesses pursuing these opportunities at varied speeds following the demerger.