Tata Motors’ India business is turning the corner. Time to hit the top gear?

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Synopsis

There’s something interesting happening at Tata Motors. Customers are paying more for its vehicles. The company has made a steady start through its electric vehicles, with more launches on the cards. A new CEO will soon be joining. Is this the moment Tata Motors was waiting for after burning the midnight oil for the past five years?

How does one ascertain that a business is doing well? When it returns strong volumes coupled with better price realisations. Simply put, when it gets more bang for every buck it spends on its product. That’s what is happening at Tata Motors. In the December quarter, as customers paid more for its products (higher price, lower discounts) it added INR546 crore or 3.7% of revenue to its profits while better volumes and product mix added another

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