Tata Motors to spend Rs.1,200 cr for CV biz
Tata Motors is expected to spend Rs 1,200-1,300 crore on the commercial vehicles (CV) business next year and plans to have 10-15 new platforms next fiscal from which it will launch commercial vehicles. The company rolled out the 100,000th unit of the Tata Ace Zip micro-truck. The company achieved this milestone within four years of the launch of the model.