Margin pressures at Tata Motors PV may offset strong India demand outlook
· business-standard.com
Strong domestic volume growth and new launches support Tata Motors PV's outlook, but raw material inflation and headwinds at JLR could keep near-term margins under pressure
Led by a 46 per cent jump in volumes and an uptick in realisations, the revenues of the Indian passenger vehicle business jumped by 66 per cent and were above e...