HEAR IT FROM OUR LEADERS

All through FY17, we have been coping successfully with considerable challenges. We took significant strides in developing new products and services and entering new markets. By embracing global businesses, we are enhancing our design and technology capabilities along with our international presence.

President - Automotive Sector

Rajan Wadhera

President - Automotive Sector
Member of the Group Executive Board

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President - Farm Equipment

Rajesh Jejurikar

President - Farm Equipment Sector; Member of the Group Executive Board

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WHAT'S NEW IN FY17

Despite the challenging business environment conditions, we rolled out a slew of innovative and high-tech products this year.

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Market leadership in SCV (<3.5T) segment

SCV Gets to a dominant position
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Grew 4x compared to industry in
LCV >3.5T Segment

LCV (GOODS > 3.5T & PASSENGER) M&M

Strong growth in HCV Segment amidst
Industry De-Growth

HCV - M&M
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Company Performance across various Industry Segments
Segment Industry M&M M&M Mkt. Share
  FY17 Growth FY17 Growth FY17 FY16
Utility Vehicles 7,61,997 29.9% 2,22,541 0.1% 29.2% 37.9%
Cars 21,02,996 3.8% 3,219 -5.2% 0.2% 0.2%
Vans 1,81,734 2.4% 10,370 -2.1% 5.7% 6.0%
Total Passenger Vehicles 30,46,727 9.2% 2,36,130 -0.1% 7.8% 8.5%
LCV Goods < 2T GVW 1,16,890 0.3% 30,043 7.9% 25.7% 23.9%
LCV Goods 2 to 3.5T GVW 2,07,610 13.2% 1,36,564 7.7% 65.8% 69.1%
LCV Goods < 3.5T 3,24,500 8.2% 1,66,607 7.7% 51.3% 51.6%
LCV Passenger 50,864 3.9% 4,640 22.8% 9.1% 7.7%
LCV Goods > 3.5T GVW 36,339 5.6% 2,986 12.8% 8.2% 7.7%
LCV > 3.5T 87,203 4.6% 7,626 18.7% 8.7% 7.7%
M+ICV Goods (7.5 to 16.2T) 89,357 0.9%
HCV Goods (>16.2T) 1,65,910 -2.3% 6,715 17.7% 4.0% 3.4%
MHCV Goods 2,55,267 -1.2% 6,715 17.7% 2.6% 2.2%
Total 3 Wheelers 5,11,658 -4.9% 52,306 -4.9% 10.2% 10.2%
MHCV Passenger 47,262 7.6%
AS Domestic Total 42,72,617 6.5% 4,69,384 2.5% 11.0% 11.4%

Achieved highest ever Market Share in Tractor Industry

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Company Tractor Sales (Domestic + Export)
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