Tata Motors crosses 50 lakh passenger vehicle production milestone
The auto major achieved the 10 lakh production mark in 2004 and the 20 lakh milestone in 2010.
Tata Motors on Friday said it has crossed 50 lakh cumulative passenger vehicle production milestone.
The auto major achieved the 10 lakh production mark in 2004 and the 20 lakh milestone in 2010.
It crossed 30 lakh units in 2015 and 40 lakh units in 2020.
Also Read: Income Tax: What are the 3 deductions under the new tax regime?
"This journey, from each million to the next, has been one replete with its fair share of ups and downs," Tata Motors Passenger Vehicles Managing Director Shailesh Chandra said in a statement.
The company noted that it was able to stride ahead from 40 lakh cars to 50 lakh units within three years, despite COVID-19 and semiconductor shortage crisis which plagued the global automotive industry.
To celebrate the 5-million production milestone, Tata Motors will roll out a celebratory campaign for customers and employees across the country.
The company said it will have month-long celebrations across its manufacturing locations and regional offices.
Click here to get more stock market updates I Zee Business Live
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Liquor stock under Rs 300: Can this smallcap scrip double your money in 1-2 years? Check targets by Anil Singhvi
Reduce Home Loan EMI vs Reduce Tenure: Rs 75 lakh, 25-year loan; which option can save Rs 25 lakh and 64 months and how? Know here
12:10 PM IST