Tata Motors to Invest Up to ₹35,000 Crore in Passenger Vehicle Business by FY2030

CV Retail Sales May 2025

Tata Motors has unveiled an ambitious investment plan to inject ₹33,000–35,000 crore into its passenger vehicle (PV) division—including its electric vehicle (EV) business—between FY2026 and FY2030.

This move marks a decisive push toward portfolio expansion, EV dominance, and advanced technology integration. With an aggressive target of capturing an 18–20% PV market share by FY2030, Tata is betting big on innovation and electrification to challenge key rivals.

Tata Motors
Tata Motors 

Major Capital Outlay for EVs and PVs

Tata has earmarked ₹16,000–18,000 crore of the total investment specifically for EV development and infrastructure.

The company intends to roll out 30 new and refreshed models—covering seven all-new nameplates and 23 facelifts—expanding its current lineup from 8 to 15+ models.

This includes upcoming SUVs under the Sierra and Avinya EV series, as well as refreshed ICE and EV variants of established models like the Nexon, Punch, and Safari. 

Tata Motors: Clear Market Share and Profitability Targets

Tata aims to reach a 16% market share in passenger vehicles by FY2027 and scale further to 18–20% by FY2030. The company also plans to lift its PV division’s EBITDA margin from approximately 6.9% to over 10% by decade-end. Notably, its EV business has already achieved operational profitability in FY2025, ahead of initial projections. 

With its ₹35,000 crore investment blueprint, Tata Motors is setting the stage for a transformative next five years: deepening its EV roadmap, enhancing vehicle features, and reinforcing profitability—all while positioning itself as a serious challenger in the PV market. The company’s strategy is clear: aggressive innovation, broad product coverage, and long-term market leadership.

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