Tata Motors increasing production of products on Ace Platform
The country’s largest home-grown automaker, Tata Motors is expecting to raise the production of the capacity of mini-truck Ace and its family in expectation of rising demand.
There is no denying that the products like Ace and Magic have been an instant hit in the Indian market and the company is also expecting a further rise in its demand in the coming months.
According to the sources close to the company, Tata Motors is currently eying various options under its umbrella which also includes an option of opening a new facility for the expansion. It may be noted here that the spokesperson of the company said that given the trend, coupled with our growth plans for the Ace family, we are studying capacity needs.
The company sold close to 1.6 lakh units of the Ace family in the last fiscal wherein close to 1 lakh units were Ace alone. The company launched Ace in the year 2005 and since then has been able to surpass the expectation of the company in terms of unit sales in the Indian market.