Rays Power Infra announced closure of INR 127 Crore Equity Capital Fund Raise - KRN Heat Exchanger and Refrigeration Limited Announced Its Initial Public Offer (IPO) of up to ₹ 342 crore to open on Wednesday, September 25, 2024 Sets Price Band fixed at ₹ 209 to ₹ 220 per Equity Share of face value of ₹10 each - लॉरियल पेरिस ने आलिया भट्ट को बनाया नया ग्लोबल ब्रांड एंबेसडर - Godrej & Boyce's Security Solutions Division Gains Momentum by Securing Humayun’s Tomb ~  The business bags orders more than 20 crores in Q1; Targets INR 360 Crore  by FY27 - The listing ceremony of P N Gadgil Jewellers Limited held at NSE, today in Mumbai - Streax Professional launched Huemagic- the next generation of no-ammonia hair colour - Commerce Secretary Discusses Formation of Task Force to Address Gem & Jewellery Industry Challenges - NORTHERN ARC CAPITAL LIMITED ANNOUNCED ITS INITIAL PUBLIC OFFERING (IPO) TO OPEN ON MONDAY, SEPTEMBER 16, 2024 Sets Price band fixed at ₹249 to ₹263 per Equity Share of face value of ₹10 each - Shriram Finance Welcomes Cricket Legend Rahul Dravid as Brand Ambassador - Arkade Developers Limited’s initial public offering (IPO) to open on September 16, 2024 Sets Price Band fixed at ₹ 121 per equity share to ₹ 128 per equity share of the face value of ₹ 10 each - “COLOURAAG” A Solo Show of Paintings will be displayed by artist Pavan Kumar Attavar in Jehangir Art Gallery in Mumbai

Tata Motors inaugurates 70 new sales outlets in emerging markets across Southern India in a single day, One of the largest expansion drives conducted by the Company so far

Link to download pictures –https://drive.google.com/drive/folders/1RaSm3dFX6PIZIXK0Wu6rPsFtKRCukO8M?usp=sharing, Link to video montage – https://youtu.be/KUq_yzo5oCE

Mumbai, September 3, 2021 (GNI): Corresponding to its retail acceleration strategy, Tata Motors, India’s leading automobile company, today inaugurated 70 new sales outlets across Southern India in a single day. Spread across 53 cities, these outlets have been strategically mapped to key emerging markets of the Southern region. These modern showrooms will be home to the company’s ‘New Forever’ range of passenger vehicles, including its electric vehicles portfolio.

With the addition of these new showrooms in a rapidly growing market, Tata Motors’ network in Southern India (Karnataka, Tamil Nadu, Pondicherry, Telangana, Andhra Pradesh & Kerala) will be 272 and the retail footprint in India will grow to 980.  32 new dealership chains have opened in Bangalore (7), Chennai (5), Hyderabad (4), and in Kochi (4). Further, this widespread expansion also includes the launch of 38 outlets in upcountry markets of the South India. 

Inaugurating the new dealerships, Mr. Rajan Amba, Vice-President, Sales, Marketing & Customer Care, Passenger Vehicles Business Unit, Tata Motors stated, “The Southern India contributes to 28% of the total Industry volumes and hence it is very critical for us to be strategically present in the emerging markets. With a 12.1% market share in Southern India, we are committed to our customers and want to make our New Forever range of passenger cars easily accessible. The trailblazing launch of these 70 new sales outlets, marks an important milestone in our aggressive retail expansion plans in India. This expansion will help us cater to our consumers’ requirements and tastes that are constantly evolving, with both online and offline solutions, to provide a seamless ‘phygital’ experience that is more convenient and relevant today,” stated in the press release.

Tata Motors is making huge strides in the passenger vehicle market on the back of its New Forever range. The company recorded its highest ever passenger vehicle sales in 9 years, in March ‘21 and Q4 FY21. In FY21, the company’s PV business registered its highest-ever annual sales in 8 years, while posting a growth of 69%, compared to FY20.  Ends

Be the first to comment on "Tata Motors inaugurates 70 new sales outlets in emerging markets across Southern India in a single day, One of the largest expansion drives conducted by the Company so far"

Leave a comment

Your email address will not be published.


*