Tata Motors’ passenger vehicle business is targeting a 20% market share by 2031, according to reports. The company’s current position is described as about 14% market share, where it is characterized as the second-largest player in the passenger vehicle segment after Maruti Suzuki. The stated goal implies a planned increase of roughly 6 percentage points over the period leading up to 2031. The reporting frames the target as part of Tata Motors’ broader growth strategy in passenger vehicles, building on its current ranking in the market. Both outlets emphasize the same baseline figure (around 14% share), the company’s current standing as the second-largest player, and the same end target of 20% by 2031. No additional financial details, investment figures, or specific product or regional plans are provided in the excerpts shared. The information focuses on market share targets and the company’s relative position in the passenger vehicle market.