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Tata Motors launches 14 new customised vehicles for ecommerce sector

Updated : January 16, 2019 06:17:06 IST

Tata Motors on Tuesday launched 14 new customised vehicles for the ecommerce sector.

The ecommerce sector is likely to grow at 35-40 percent in the next 4-5 years and Tata Motors expects 8-9 percent of its cargo vehicle sales to happen through the sector, said Girish Wagh, president, Tata Motors commercial vehicle unit.

"The ecommerce sector has been growing at a rate of almost 35-40 percent and within that 45 percent of its logistics requirements are met by road, that is commercial vehicles," Wagh said.

The sector on the last count was almost $356-36 billion and growing at a rate of 35-40 percent, so it is a very important sector, he said. 
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