Indian auto giant Tata Motors is all set to invest about Rs 7,000 crores over the next three years for their near future endeavors in India. This will be the biggest investment by the automaker in the passenger vehicle business. The investment will be made to ready the Pune and Sanand plants for the next-gen Alpha and Omega platforms which are set to manufacture and roll-out all of Tata’s future vehicles.
Currently, Tata Motors is working on the production –spec of the H5X SUV concept, named recently as Tata Harrier. The H5X concept based SUV is scheduled to be revealed later this year, while the 7 seater version of the SUV is expected sometime next year and the 45X hatchback is expected by 2020.other upcoming vehicles in the passenger vehicle segment include the a C Segment sedan to be a Honda City rival and a host of new models which will also include the facelift Tiago and Nexon and new Tata Safari over next few years.
Also, Tata Motors has revealed two new platforms, Alpha and Omega, at the 2018 Auto-Expo earlier this year. All the future car models by the automaker will be developed on these two platforms only. Therefore, the investment will facilitate the shift of the Sanand and Pune plants to the Alpha and Omega platforms over the next three years. However, it will mark the end of the Tata Nano lineup, the car for which the Sanand plant was setup.
The Indian auto giant had set in motion the 2.0 plan with the development of the Tiago and the Revotron/Revotorq set of engines. The plan started benefitting Tata Motors after four years only and Tata Motors has registered almost twice as much growth as the entire market with the new products, like the Nexon and the Tiago leading the sales charge in the local market.
Stay tuned to V3ccars.com for further updates on the future investment plan by Tata Motors in the country.