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Tata Motors upbeat about compact sedan segment growth in Madhya Pradesh

Auto major Tata Motors is upbeat about the growth of compact sedan segment in Madhya Pradesh and expects the festive demand to help auto sector recover from the current slag, said officials.

Last month, the company launched its compact sedan 'Zest' which received very good response throughout the country.

"In Madhya Pradesh, auto sector witnessed lows last year which continued in the first quarter of this year but the compact sedan segment has beaten the trend," said Prashant Fadnavis, head - emerging markets, passenger vehicle business unit, Tata Motors.

The compact sedan segment growth last year was 34 per cent and in the first quarter of this year, it witnessed 22 per cent growth, hence we are extremely confident about good demand in this segment in the coming days, added Fadnavis.

Keeping in view the demand for its compact sedan Zest, Tata Motors has ramped up its production, said officials.

Currently, demand for Zest has been overwhelming and its petrol variants (Revotron engine) have a waiting period of six weeks. While, the waiting period for Zest diesel is four weeks, and for Zest AMT is three months waiting, added officials.