
Tata Motors produces over 6 lakh units of Punch within 4 years of launch
'
compact SUV
, the
Punch
, has surpassed a production milestone of 6 lakh units in less than four years since its launch in October 2021.
The Punch was introduced as a sub-compact SUV aimed at providing an affordable SUV option to Indian buyers. In 2024, it became the highest-selling passenger vehicle in India, according to the homegrown carmaker.
The vehicle is available in petrol, CNG, and electric powertrain options and has received 5-star safety ratings under both Global NCAP and Bharat NCAP protocols. It accounted for 36 per cent of Tata Motors' overall passenger vehicle (PV) sales and held a 38 per cent market share in the sub-compact SUV category in FY25.
More first-time buyers prefer Tata Punch ICE
Ownership trends show that nearly 70 per cent of ICE Punch owners are first-time buyers, while 25 per cent of Punch.ev owners are women, according to the company statement.
Geographically, the model has a balanced spread of demand, with 24 per cent of buyers from tier-1 cities, followed by tier-2 (42 per cent), and tier-3 (34 per cent).

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Mint
6 minutes ago
- Mint
Redmi Note 14 SE 5G launched in India with 5110mAh battery, priced under ₹15,000: Specifications, features and more
As part of its 15th global anniversary and 11 years of presence in the Indian market, Xiaomi has unveiled the Redmi Note 14 SE 5G, a new addition to its existing Note 14 smartphone line-up. The device will be available from 7 August 2025 through Flipkart, and authorised Xiaomi retail outlets. The Redmi Note 14 SE 5G features a 6.67-inch AMOLED display with a 120Hz refresh rate, peak brightness of up to 2100 nits, and Corning Gorilla Glass 5 protection. The display also incorporates an in-screen fingerprint sensor, marking a shift in biometric security from physical sensors in previous budget models. Catering to media consumption needs, the device includes dual stereo speakers with Dolby Atmos support and retains a 3.5mm headphone jack, a feature increasingly absent in many new smartphone releases. The phone aims to support users engaged in audio-heavy tasks such as streaming or gaming. In terms of optics, the handset is equipped with a 50MP Sony LYT-600 main sensor featuring Optical Image Stabilisation, alongside an 8MP ultra-wide lens and a macro sensor. The triple camera set-up is expected to handle a range of photography requirements, from wide-angle shots to close-ups. Powering the phone is a 5110mAh battery with support for 45W fast charging. Xiaomi claims this will allow extended usage while reducing the time spent plugged in. The Redmi Note 14 SE 5G is being manufactured locally, continuing Xiaomi's efforts to produce its smartphone line-up in India. It joins three other models in the current Note 14 series: the Redmi Note 14 Pro+ 5G, Note 14 Pro 5G, and Note 14 5G. Offered in three colour options: Crimson Red, Mystique White, and Titan Black, the phone is available in a 6GB RAM and 128GB storage configuration. It is priced at ₹ 14,999, with a limited-period ₹ 1,000 discount available on all major bank cards, bringing the effective starting price to ₹ 13,999.


Mint
6 minutes ago
- Mint
AIIB in talks with India on sovereign infrastructure project pipeline
New Delhi: Beijing-based Asian Infrastructure Investment Bank (AIIB), in which India is the second largest shareholder after China, is holding discussions with the Central and state governments as well as Indian industry to finance a robust pipeline of sovereign and private sector projects, AIIB vice president Ajay Bhushan Pandey said on Tuesday. The development bank is working towards stepping up annual project financing from about $10 billion last fiscal to $17 billion over the next few years. Pandey, who is on a visit to India, said AIIB finances projects not only in traditional infrastructure, but also in digital public infrastructure, data centres, digital communication, affordable housing, health and education. AIIB already has deployed $12 billion in India, of which $1.8 billion is in the private sector. It has a loan book of about $60 billion and is aiming to step this up. 'We will closely engage with government of India, the state governments and the private sector in India,' Pandey, who had previously served as India's finance secretary and as the chairperson of audit regulator National Financial Reporting Authority (NFRA), told reporters on the sidelines of an interaction with industry leaders organized by the Federation of Indian Chambers of Commerce and Industry (FICCI). 'We will work with all line-ministries to create a very sound pipeline of sovereign projects. Similarly, we will work with private sector players to create the pipeline of the projects where we can finance through all the options that are available". Pandey explained that AIIB's message to the Central ministries and state governments is this, 'This is your bank and you must make optimum use of the resources available.' 'Yesterday we had a detailed meeting with the secretary, Department of Economic Affairs, and secretary, Department of Water Resources, River Development and Ganga Rejuvenation on the water sector, including revival of many dams, the Namami Gange project and the inter-linking of rivers. We are going to have discussions with the ministries of health and power and then with the Honourable chief minister Maharashtra and state officials to discuss building a pipeline of infrastructure projects both in public andprivatesector,' said Pandey. Besides China and India, the other leading shareholders in the banks set up a decade ago are Russia, Germany and South Korea. The multilateral bank with 110 member-nations is making a strong foray into development financing as emerging economies need to invest heavily for development, especially to transition to less-carbon intensive economies. According to a Deloitte India report released earlier this month, titled 'The climate response: Tapping into India's climate and energy transition opportunity,'India would require a $1.5-trillion investment by 2030 across key areas to address the climate challenge at scale. The investments will be driven by India's efforts towards renewable energy, biofuels, decarbonization and sustainable infrastructure to combat climate change, the report said. In 2021, India committed to achieving net zero emission by 2070.


Time of India
18 minutes ago
- Time of India
Proctor and Gamble picks IIM alumnus Shailesh Jejurikar as CEO, putting him 'Head&Shoulders' above US executives
File photo: IIM alumnus Shailesh Jejurikar TOI correspondent from Washington: Procter & Gamble (P&G), the storied consumer goods company that put Gillette and Old Spice, Crest and Vicks, Head&Shoulders and Pantene, Olay and Oral-B, Pampers and Tampax, among other products on the world's store shelves, has named Mumbai-born Shailesh Jejurikar as its next CEO. Jejurikar, 58, an alumnus of Hyderabad Public School (and a classmate of Microsoft CEO Satya Nadella), Mumbai University, and IIM Lucknow (1989), will succeed Jon Moeller, who will transition to the role of Executive Chairman, the company said in an announcement. He will be the first Asian and Indian CEO minted entirely in the Indian education system to helm the 187-year old company, whose founding pre-dates Abraham Lincoln. Company man: P&G is also the only company Jejurikar has worked at in a 36-year career that began when he was recruited from IIM Lucknow in 1989 as an Assistant Brand Manager, skin care, going on to become marketing director for India a decade later. His transition to the global workplace began in 2010 when he was appointed Vice President for Home Care, North America, before being named CEO of P&G's Fabric & Home Care, the company's largest business sector, in 2019. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Brain tumor has left my son feeling miserable; please help! Donate For Health Donate Now Undo It includes iconic brands like Tide, Ariel, Downy, Gain, Febreze, and Swiffer. In 2021, he was appointed P&G's first-ever Chief Operating Officer to oversee a broad portfolio including P&G's Enterprise Markets (Latin America, India, Middle East, Africa, Southeast Asia, and Eastern Europe), as well as critical company-wide functions such as sales, market operations, purchasing, and manufacturing. Founded in 1837 by candlemaker William Procter and soap maker James Gamble, P&G currently has global revenues of around $84 billion, ranking it 51st in the Fortune 500. About 48 per cent of its revenue is from the US market and 52 percent spanning the rest of the world. More than 20 P&G products have global revenues of more than $ 1 billion each. Its India revenues have been growing fast and topped $2 billion recently, among the many reasons the board appears to have chosen him to lead the company even as sales in the US is slowing down. While India-born CEOs in the tech sector is now a familiar story (Microsoft, Google, IBM, Adobe Systems, YouTube, Micron all have Indian CEOs), less well-known is "desi" CEOs in the broader market beyond tech. Among them: Raj Subramaniam leading FedEx, Vivek Sankaran helming the grocery chain Albertsons, Vasant Narasimhan at Novartis AG, and Leena Nair, picked to lead France's global luxury brand Chanel. Jejurikar's elevation comes at a time of rampant nativism in Middle America, where he currently lives (in Cincinnati, Ohio, which is P&G's headquarters). While 90 per cent of P&G products sold in the US are made in America, allaying President Trump's rage about cheap foreign products, many in his MAGA base are resentful of foreign-born CEOs like Satya Nadella and Sundar Pichai despite their critical role in growing the US economy and their ties to India, providing an opening to a fast-growing market. Jejurikar is married to Sankhya, a visual artist, and they have two sons, who, the dad once revealed while talking up Tide pods (a P&G product) and promoting gender equality, do their own laundry. His brother Rajesh Jejurikar is the Executive Director and CEO of Mahindra & Mahindra Ltd's Auto & Farm division. News of Shailesh's elevation triggered delight in the Indian corporate sector, now positioned as a global crucible for leadership. 'Shailesh Jejurikar's appointment as CEO proves yet again that Indian-American leaders can navigate not just tech, but the hearts and minds of US consumers. And this news has special meaning for us at @MahindraRise because Shailesh happens to be the younger brother of our very own Rajesh Jejurikar, Executive Director and CEO (Auto & Farm Sector) M&M Ltd,' the business patriarch Anand Mahindra noted. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025