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
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
12:10 PM IST