Tata Motors Limited provided sales guidance for the first quarter and fiscal 2021. The Company responded quickly to the current crisis by implementing a temporary lockdown of all its plants and instituted rigorous cost and investment controls to conserve cash as much as possible. With limited sales in the quarter so far, the Company expects sales to start recovering from June onwards and is gearing up its supply chain accordingly. With peak lockdowns in the first quarter, Company expects significantly lower sales in the quarter. While the outlook remains uncertain the Company expects a gradual recovery of sales in fiscal 2021.