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General News Tata Motors to undergo massive restructuring
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India's largest automobile company Tata Motors is expected to restructure its operations, as per reports in Mint. This decision is made by Guenter Butschek, MD & CEO of Tata Motors, in an effort to regain its lost market share in Commercial Vehicles and Passenger Cars segment. Tata Motors wants to get back to more than 50% market share in the commercial vehicle business and a double-digit share in the passenger vehicle industry.
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