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The launch commemorates the first anniversary of the introduction of the updated version of  the model, Tata Motors said in a statement.

Tata Altroz was first launched in January 2020. Over 50,000 units have been sold within its first year of the vehicle's launch.

Tata Altroz was the first product on the 'ALFA' architecture.

These strategic tie-ups aim to enhance value offerings for customers of both new as well as pre-owned vehicles throughout the customer lifecycle.

The focus should be on moving towards EVs, but also on moving people and not moving vehicles which can be achieved through public transportation and its electrification, said Niti Aayog CEO

"We are confident that the launch of the Safari will once again re-energise the market, amplifying its cult status."

Tata Motors has signed a Memorandum of Understanding (MoU) with Karnataka Bank in a joint effort to introduce attractive financing offers for its customers to purchase their favourite Tata car, the company said.

While Kia Motors is looking to ramp up production, Toyota is all set to bring in new products and Hyundai aims to carry over its strategy of bringing in industry first innovations to the market.

The company and Marcopolo S.A. have entered into a share purchase agreement where the company will purchase the balance 49 per cent shareholding in Tata Marcopolo Motors Ltd (TMML) for a cash consideration of Rs 99.96 crore, the company added.

The 25-seater state-of the art Ultra Urban 9/9 e-AC buses were flagged off by Maharashtra Chief Minister Uddhav Thackeray at an event in South Mumbai, Tata Motors said in a release.

Tata Motors which currently sells models like Nexon and Harrier in the SUV segment, is also looking to overhaul its sales, after-sales and service

The country's largest carmaker Maruti Suzuki India (MSI) reported around 27 per cent increase in retail sales at close to 96,700 units during the Navratri period this year

The company, which over the years has produced models like the Indica, Sierra, Sumo, Safari and the Nano, had achieved the 10 lakh production mark for passenger vehicles in 2005-06 and 30 lakh milestone in 2015

The schemes will be available till the end of November 2020 and can be redeemed on the entire new BS-VI range of cars and SUVs along with the company's EV range, Tata Motors said in a statement.