New Delhi, Dec 05: Announcing that it would ramp up capacity at its Pune plant next year, Tata Motors today said it expected a 20 per cent growth in the passenger vehicles segment this fiscal on the back of higher sales of its hatchback Indica as well as the Indigo Sedan. ''We are currently growing at 43 per cent and expect that by the end of this fiscal, sales to rise over 20 per cent,'' Tata Motors commercial vice-president (passenger car business unit) Rajiv Dube told here.

The company's sales last fiscal, including that of the SUV Safari and the Sumo, stood at 1,04,414 units.

In the passenger vehicles segment, which includes the Safari and Sumo, the company's cumulative sales for this fiscal stood at 89,973 units, a growth of 42.8 per cent over the corresponding period last year. Indica sales rose 11 per cent in the April-November '03 period stood at 53,103 units, a 10.7 per cent growth year-on-year while Indigo, which was launched in December last year, had notched up sales of 17,874 vehicles in the same period.

Bureau Report