Tata Motors, one of India’s leading automobile manufacturers, has announced major price cuts of up to ₹1.55 lakh across its passenger vehicle lineup. The move comes as part of the company’s efforts to pass on the benefits of the Goods and Services Tax (GST) rollout to customers.
The revised prices apply to popular models, including the Tiago (hatchback): ₹75,000, Tigor: ₹80,000, Altroz: ₹1.10 lakh, Punch (compact SUV): ₹85,000, Nexon: ₹1.55 lakh, Curvv: ₹65,000, Harrier: ₹1.40 lakh, Safari: ₹1.45 lakh
Speaking on the announcement, Tata Motors’ spokesperson said the company is committed to making cars more affordable while supporting the government’s GST initiative. By lowering prices, Tata Motors hopes to boost customer demand and improve overall sales momentum in the competitive automobile market.
Industry experts believe this price reduction could give Tata Motors an edge against rivals such as Maruti Suzuki, Hyundai, and Mahindra, as customers are expected to benefit from lower ownership costs.
The price cut will be effective immediately across all dealerships in India. Customers who were planning to buy a Tata car may find this a good time to make their purchase.
Summary Table
Detail | Information |
---|---|
Company | Tata Motors |
Announcement | Price cuts up to ₹1.55 lakh |
Reason | Passing on GST benefits |
Models Affected | Tiago, Tigor, Hexa, Safari Storme (and others) |
Impact | Cars become more affordable |
Competitors Affected | Maruti Suzuki, Hyundai, Mahindra |
Effective From | Immediate |
Expected Outcome | Boost in sales and customer demand |