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Tata Motors is aiming a volume growth of 14-15 percent in the fiscal year 2106-17, with growth on account of sales of both light commercial vehicles (LCVs) and heavy commercial vehicles (HCVs) as well as the trucks and tippers.
Company’s Executive Director- Commercial Vehicles, Ravi Pisharody has said in a statement the first two saw double digit growth for the first time in several quarters during the January-March period.
He further said that the medium & heavy commercial vehicles (M&HCV) space, which accounts for 60-70 percent of Tata Motors’ CV revenues, is headed for a new peak this fiscal.
