Tata has all the necessary ingredients to capture more market share in the Indian automobile industry than it currently has. Although, the market share of the carmakers has seen some tremendous growth over the last couple of years. At this point in time, it sits comfortably at the 3rd spot on the list of largest car manufacturers in the country. Needless to say, the list is topped by Maruti Suzuki with over 45% market share, followed by Hyundai with just over 17%. Tata Motors has been riding on the back of successful products like Nexon, Tigor, Tiago, Altroz and Harrier. It currently owns around 8.7% market in India.
Also read: Tata HBX (Hornbill) spied testing!
Going forward, Tata is confident of reaching the 10% market share by the end of next financial year. We have no reasons to believe why Tata can not achieve this mark. Especially with the recent launch of the iconic Safari and the upcoming micro-SUV HBX (Hornbill). Safari is a product that people related with for a long time…