Tata Motors focuses on cargo vehicles to drive growth

Chandigarh: Tata Motors today said it is
focusing on cargo vehicles, including tippers, even as the
medium and heavy commercial segment grew by just 3 per cent in
April-August.
 

   "Medium and heavy commercial vehicles (M&HCVs) in the
first five months (of the current fiscal) saw almost a flat
growth, a very negligible 2.5-3 per cent. And this growth is
triggered by tippers used in construction, mining and
irrigation projects," Rajesh Kaul, Business Head, Medium &
Heavy Trucks, Tata Motors, said today.
 

   "Tippers witnessed a growth of 40-42 per cent growth
in this period... looking at the current scenario, the tippers
segment will further grow because of the fact that a lot more
has to happen on infrastructure, construction, irrigation,
mining, and post monsoon, the tipper industry will further
grow."

     The company is focusing on both cargo and tippers. Cargo,
which is two-thirds of the industry, had "actually degrown"
while the tippers segment has grown by 40 per cent.
    Talking about the industry, he said around 80,000 units
were sold in April-August, of which 19,000 were tippers.
 

   Asked about the company's performance, he said Tata Motors
saw a flat growth during April-August and sold around 43,000
units.

    Meanwhile, Tata Motors has showcased here over 40
different products - from haulage to construction related key
technologies and services.
 

   It has also launched its new SIGNA range of medium and
HCVs, which will be shortly be available across Haryana,
Himachal Pradesh and Punjab.
   

 An initiative for trucking customers and their families,
a 2-day truck world expo is being held, offering Tata Motors
and its partners communicative and promotional opportunities
about its products and solutions, "all under one roof" - a
first-of-its-kind comprehensive purchase experience by a
commercial vehicle brand, he said.

PTI