Tata Motors will look at acquisitions of commercial and passenger vehicle plants across Europe, South Africa, Latin America, South East Asia and China. Tata Motors operates in these economies through acquired companies and joint ventures.
According to Ratan Tata, chairman, it is ideal to go global and operate in different economies across all continents than limiting one's self to one or two countries.
"A good trade relation with Pakistan may not enable India sell its vehicles there, but will significantly increase the commercial vehicle demand for carrying trade with Pakistan," said Tata.
Tata said the company would focus more on cars for the middle and lower middle-class and less on high-end cars. The company expects to roll out the Rs 100,000 small car over the next three years.
"We will endeavour on making cars more affordable to the common man. India has a growing middle class, equivalent to the size of the US. We will be looking towards tapping this potential," he said. Tata was addressing the shareholders of the company at its 60th annual general meeting in Mumbai.
Post WTO, with the removal of trade barriers, the Indian economy is expected to face tough competition from global players. Tremendous pressure on margins on account of growing metal prices has also been expected.
"We will face the challenge through cost reductions, new launches and, above all, focus on cars for the common man," Tata said.
A good monsoon, significant infrastructural investment from the government and foreign direct investment in infrastructure will be good for the growth of the car and commercial vehicle market in the country, he said.
© 2026