Tata Motors expects India passenger vehicle sales to grow 10 percent in FY27 despite West Asia shocks

Fuel hikes could reshape which powertrains win fast

Tata Motors Passenger Vehicles expects India’s passenger vehicle market to grow around 10% in FY27, citing steady demand even as West Asia conflict and the risk of higher petrol and diesel loom. TMPV CEO Shailesh Chandra said any fuel-driven price shock could hit entry-level sales, but may also shift buyers toward CNG and electric vehicles rather than derail momentum. He pointed to strong April-May demand, improved inquiry-to-purchase conversion in May, and said product plans remain unchanged despite rising commodity costs.