CarWale
    AD

    Tata Motors to invest Rs 2,500 crore for product development

    Authors Image

    Ranjan R. Bhat

    18,453 Views
    Tata Motors to invest Rs 2,500 crore for product development

    Tata Motors has decided to invest Rs 2,500 crore in the development of new products. Tata Motors is focussing on next generation advanced modular platform (AMP) to reduce the time spent in the development of new vehicles. 

    Currently, Tata Motors has six platforms, although this number will eventually trickle down to two. The idea is to roll out multiple models from different segments under single platforms, thereby reducing development and production costs. Tata aims to deliver at least seven variants from two platforms, which should prove beneficial in terms of economies of scale. 

    With the Tiago, Tigor and Hexa performing well in the Indian market, Tata registered a 11 per cent growth in the last financial year. The decision to invest Rs 2,500 crore comes from Tata Motors’ ambition of becoming the third largest car manufacturer in the country. The Pune-based firm currently holds the fifth spot, although the new wave of transformation should help it achieve the target. The company is also betting on the new Tamo brand to further drive its business. As of now, Tata is gearing up for the launch of the Nexon ahead of the festive season.

     

    Related News

    Tata EVision concept picture gallery

    Tata EVision concept picture gallery

    By Sagar Bhanushali

    12 Mar 2018

    Tata Hexa launched in Nepal

    Tata Hexa launched in Nepal

    By Nikhil Puthran

    26 Nov 2017

    Popular News

    Recent News

    Tata Hexa [2017-2019] Gallery

    Featured Cars

    • SUVS
    • JUST LAUNCHED
    • Upcoming
    Tata Curvv
    Tata Curvv
    Rs. 9.99 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Mahindra Thar Roxx
    Mahindra Thar Roxx
    Rs. 12.99 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Hyundai Creta
    Hyundai Creta
    Rs. 11.00 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Mahindra Scorpio N
    Mahindra Scorpio N
    Rs. 13.85 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Toyota Urban Cruiser Hyryder
    Toyota Urban Cruiser Hyryder
    Rs. 11.14 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Maruti Suzuki Grand Vitara
    Maruti Grand Vitara
    Rs. 10.87 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Mahindra XUV700
    Mahindra XUV700
    Rs. 13.99 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Kia Seltos
    Kia Seltos
    Rs. 10.90 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    BMW M5
    BMW M5
    Rs. 1.99 Croreonwards
    Avg. Ex-Showroom price
    Show price in my city
    JUST LAUNCHED
    21st NOV
    Mercedes-Benz AMG C 63 S E Performance
    Mercedes-Benz AMG C 63 S E Performance
    Rs. 1.95 Croreonwards
    Avg. Ex-Showroom price
    Show price in my city
    JUST LAUNCHED
    12th NOV
    Maruti Suzuki Dzire
    Maruti Dzire
    Rs. 6.79 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    JUST LAUNCHED
    11th NOV
    Skoda Kylaq
    Skoda Kylaq
    Rs. 7.89 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    JUST LAUNCHED
    6th NOV
    Mercedes-Benz AMG G-Class
    Mercedes-Benz AMG G-Class
    Rs. 3.60 Croreonwards
    Avg. Ex-Showroom price
    Show price in my city
    Mercedes-Benz E-Class
    Mercedes-Benz E-Class
    Rs. 78.50 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Volvo EX40
    Volvo EX40
    Rs. 56.10 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    BYD eMax 7
    BYD eMax 7
    Rs. 26.90 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Audi Q7 facelift
    LAUNCHING SOON
    Nov 2024
    Audi Q7 facelift

    Rs. 89.00 - 98.00 LakhEstimated Price

    28th Nov 2024Expected Launch

    Get Launch Alert on WhatsApp

    Mahindra XEV 9e
    Mahindra XEV 9e

    Rs. 50.00 - 52.00 LakhEstimated Price

    26th Nov 2024Expected Launch

    Get Launch Alert on WhatsApp

    Mahindra BE 6e
    Mahindra BE 6e

    Rs. 17.00 - 21.00 LakhEstimated Price

    26th Nov 2024Unveil Date

    Get Launch Alert on WhatsApp

    Honda Amaze 2024
    LAUNCHING SOON
    Dec 2024
    Honda Amaze 2024

    Rs. 7.50 - 10.00 LakhEstimated Price

    4th Dec 2024Expected Launch

    Get Launch Alert on WhatsApp

    Toyota Camry 2024
    Toyota Camry 2024

    Rs. 45.00 - 55.00 LakhEstimated Price

    11th Dec 2024Expected Launch

    Get Launch Alert on WhatsApp

    BMW New X3
    BMW New X3

    Rs. 65.00 - 70.00 LakhEstimated Price

    Jan 2025 (Tentative)Expected Launch

    Get Launch Alert on WhatsApp

    Hyundai Creta EV
    Hyundai Creta EV

    Rs. 22.00 - 26.00 LakhEstimated Price

    Jan 2025 (Tentative)Expected Launch

    Get Launch Alert on WhatsApp

    Tata Punch facelift
    Tata Punch facelift

    Rs. 6.00 - 11.00 LakhEstimated Price

    Feb 2025 (Tentative)Expected Launch

    Get Launch Alert on WhatsApp

    AD
    • tata-cars
    • other brands
    Tata Curvv
    Tata Curvv
    Rs. 9.99 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Tata Nexon
    Tata Nexon
    Rs. 8.00 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Tata Punch
    Tata Punch
    Rs. 6.13 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city

    Tata Hexa [2017-2019] Price in India

    CityOn-Road Prices
    MumbaiRs. 15.91 Lakh
    BangaloreRs. 16.41 Lakh
    DelhiRs. 15.84 Lakh
    PuneRs. 16.00 Lakh
    HyderabadRs. 15.84 Lakh
    AhmedabadRs. 14.64 Lakh
    ChennaiRs. 16.04 Lakh
    KolkataRs. 14.96 Lakh
    ChandigarhRs. 14.64 Lakh

    Popular Videos

    Mail Image
    Sign up for our Newsletter
    Get all the latest updates from CarWale
    • Home
    • News
    • Tata Motors to invest Rs 2,500 crore for product development