Tata Motors is contemplating further boosting production capacity of Tiago, following a strong demand for the hatchback. The company has doubled Tiago’s production capacity at its Sanand plant in Gujarat since its launch.

“When Tiago was launched a year ago, we produced 3,000 units a month; we have now doubled output and are work on improving it,” Mayank Pareek, President, Passenger Vehicles Business Unit, Tata Motors, said after unveiling the company’s new compact sedan, Tigor.

The company has received over 83,000 bookings for Tiago since its launch in April 2016. It has so far delivered more than 50,000 units.

“Tiago has maintained its run rate of 4,500-5,000 units a month and successfully gained market share of about five per cent,” according to a report by Emkay Global Financial Services.

Pareek said the company grew its passenger vehicle (PV) sales by 22 per cent, while the industry volumes grew nine per cent. “This year, the industry is expected to grow 9-10 per cent and we aim to grow better than the industry. We are now the fifth PV brand and the third in Tamil Nadu. Our aim is to reach the third position in the PV market by 2019,” he said.

The company plans to have at least two products in every segment of the PV market and its next launch will be in the compact SUV segment (Nexon) around the festive season.

Tigor, Tata’s third new model in the past 12 months, comes with a starting price of ₹4.82 lakh (ex-showroom, Chennai) in petrol option and ₹5.74 lakh for the diesel model. Each fuel option has four variants. The company’s recently launched lifestyle SUV Hexa has received 8,000 bookings, of which 4,000 have been delivered.

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