In the AprilJune period, its performance wasn't that impressive -though the expansion of 8.3 per cent to about 40,000 vehicles was still much quicker than the industry's 4.8 per cent growth -but it expects the momentum to pick up in the second half of the fiscal year. Tata Motors had outpaced the market in FY17, growing 23 per cent when the industry expansion was 8-9 per cent. The Hexa and Tigor, which were launched in the last quarter of FY17, both will show a full year impact in FY18. The company has blamed it on disruptions like GST and demonetisation The confidence, however, is driven mainly by the upcoming Nexon. The company has yet to begin official booking, but the SUV has already generated a lot of interest online.

Source: Economic Times July 27, 2017 05:48 UTC