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.
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