Tata Motors expects its CV sales to grow by over 36-38% in FY22

New launches, economic recovery and government spending on infrastructure to drive growth, says Girish Wagh

Tata Motors expects to grow more than 36 per cent in Financial Year 2021-22 (FY22) helped by its new models and the economy recovering after the coronavirus pandemic’s economic impact, said a top executive of the company.

“Our target is to grow more than the industry and strengthen the leadership position,” Girish Wagh, president, commercial vehicle business unit at Tata Motors, told Business Standard about plans made by India’s largest commercial vehicle maker by sales.

Crisil Research expects commercial vehicle sales to grow year-on-year (y-o-y) by 36-38 per cent in FY22. The industry is expected to end FY21 with 577,000