Having already launched two of its 'World Truck' variants, Tata Motors, India's leading manufacturer of heavy and light automobiles, is planning to launch 20 new variants in coming two years. While these new variants will be launched in both India and Korea, most of them will come out from India.
"Last year we launched two variants of the World Truck and in the coming two years we will be launching 20 new variants models of it. The company is also going to launch World Truck light commercial vehicle model with a capacity of 3.5 to 9 tonnes. Meanwhile, the subsequent World Truck variants will have capacity of 11 tonnes to 49 tonnes", said Narendra Dube, Assistant General Manager (NPI), CVBU, Tata Motors Limited.
According to company during the financial year 2009-10 company's turnover is expected to Rs 250 billion (Rs 25,000 crore) and it will aim to reach Rs 330 billion (Rs 33,000 crore) in the year 2010-11. "We have set a sales target of 5,000 unit for this year. Tata Motor's commercial vehicles sales has been increasing by 15-20 per cent every year. Hence, in next five years, our aim is to reach sales of 40,000 units per annum."
The company, reportedly, plans to phase out its existing H/MCVs and replace those with the new World Truck, though all variants of the latter will be more expensive than Tata Motors' current range of trucks.
Tata Motors' world truck has been developed with the company's subsidiary, Tata Daewoo Commercial Vehicle. Built on a completely new platform and powered by 185-565HP engines, the new truck will be a state-of-the-art product and will take on trucks from Volvo, Nissan, Mercedes-Benz, MAN and others. "The World Truck comprising 300HP engines have already been launched in India, while the higher HP variants will be launched for the global markets," said a senior company official.
Tata Motors, the world's sixth largest commercial vehicle manufacturer, produces more than 150 commercial vehicle models with a range of light, medium to heavy duty trucks, buses and tractor-trailers. Over three million Tata vehicles are believed to ply on Indian roads.
