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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Business

Business

Tata Motors Commercial Vehicles could raise prices again in 2023.

Tata logo Photo Credit: Danish Siddiqui Tata logo Photo Credit: Danish Siddiqui
Tata logo Photo Credit: Danish Siddiqui Tata logo Photo Credit: Danish Siddiqui

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On Tuesday, Tata Motors (TAMO.NS) announced a 5% pricing increase for commercial cars to meet new emission standards.

The business said in an exchange filing that starting April 1, prices for all commercial cars will rise, depending on model and version.

Tata Motors is adapting its whole lineup to Bharat Stage 6 phase II emission requirements.

In a high-inflation climate, the Jaguar Land Rover owner upped Tiago EV version pricing by 20,000 rupees in February and passenger car prices by 1.2% in January.

The Mumbai-based Tata Group is an Indian multinational. It is India’s largest company and operates in 100 countries on six continents.

“Father of Indian industry,” Jamsetji Tata, founded the Tata Group.
Each Tata firm is run by its board and shareholders.

The Tata family owns a minor stake in Tata Sons, but philanthropic trusts own 66%.
2021–22 revenue was US$128 billion as of March 2022; 29 publicly traded Tata Group firms have a $311 billion market worth.


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