For the past several days, there has been discussion that Tata Motors may buy Ford’s manufacturing plant in Sanand. This plant is also important because it has a production capacity of 2.4 lakh units per annum. The sales of Tata Motors vehicles are increasing continuously, so now the company plans to increase the production capacity. With the increase in production, the problems faced by Tata customers in getting deliveries due to semiconductor shortage will go away to a great extent.
According to a report by Autocar India, Tata Motors will increase its production capacity to manufacture 5 lakh cars in a year. The company is targeting to sell around 40,000 cars per month in the first few months of FY 22-23. It plans to take this figure to 50,000 units later. The company will also launch new variants and facelifts of the existing model in 2022.
Production of Nexon Electric will also increase
Tata Motors is focusing most on the sales of Nexon, Altroz and Punch. The report claims that Tata Motors has asked its suppliers to be ready to sell 15,000 Nexons every month. Apart from petrol and diesel, the company is going to increase the production capacity of electric Nexon. The company can produce around 3,000 electric Nexons every month. The company will also launch the long-range Nexon EV in the first quarter of 2022-23. The new model is expected to further fuel the demand for the Nexon EV.
4 new models will be launched
Tata Motors recently launched the Altroz DCT automatic variants in the country. Available in 7 variants (including 2 Dark Edition), the Tata Altroz DCT is priced between Rs 8.10 lakh and Rs 9.90 lakh (all, ex-showroom). The company has earmarked four new models for this year. The plans could include the Harrier and Safari Petrol, the updated Nexon EV and the Altroz EV.