Overview
- The revision applies to the internal combustion passenger‑vehicle portfolio, with the extent varying by model and variant.
- Commercial vehicles will see a separate increase of up to 1.5% effective the same date.
- Tata Motors says the adjustments partially offset higher raw‑material and other operating inputs.
- Tata Motors’ shares closed at Rs 437.60 on the NSE, up 2.81% on the day the passenger‑vehicle move was announced.
- The decision follows strong February sales of 42,940 vehicles globally, up about 32% year on year, led by commercial trucks, as auto makers face cost and supply pressures including chip shortages.