The Indian auto major exported a total of 50,539 vehicles during the just-concluded fiscal as compared to 30,496 during 2004-05.
"Almost one-third of our entire export of vehicles was to South Africa, which is one of our focused markets," a spokesman of Tata Motors told PTI on Tuesday commenting on the company's performance.
Responding to a query he indicated that the strong growth has been driven by the growing demand for passenger vehicles from Tata Motors, which has been witnessed during the year.
He said out of total export around 30,000 were the commercial vehicles showing a growth of 50 per cent over the previous year's figure of around 20,000.
But the growth in export of passenger vehicles has been almost 80 per cent as it grew from around 11,000 in the previous year to 20,000 during the year, he said. Tata Motors has been focusing on the export market in recent years and apart from South Africa it has been exporting to some other African countries, Europe, Middle East and in the Asian markets.
As part of the company's global ambitions, Tata Motors earlier acquired South Korea's Daewoo Commercial Vehicles and has also picked up 21 per cent stake in Spanish bus manufacturer, Hispano Corrocera.
In overall sales also Tata Motors has recorded a very strong performance selling 4.54 lakh vehicles (including exports) during 2005-06 showing a growth of 13.7 per cent over the previous year's figures of 3.99 lakh, the spokesman said.
The domestic market continues to be bullish for the company's commercial vehicles as it sold 2.14 commercial vehicles during the year as compared to 1.88 passenger vehicles.
In recent months Tata Motors has witnessed strong growth in the light commercial segment mainly backed by the success of its mini-truck, Ace, which was launched in last May.
The company has already doubled its production capacity of Ace at its Pune plant and is now looking for an alternative site to set up a new manufacturing unit in view of its growing demand.
The company also has a number of projects in hand, including of course the much talked about mini-car project, for which it is scouting around the country for setting up new manufacturing units, the spokesman said.
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