Three executives have quit Tata Motors Ltd’s passenger vehicles unit, which under its president Mayank Pareek is trying to engineer a turnaround in the Indian market, where the automobile maker’s market share has halved in four years.
Virat Khullar, who was in charge of product marketing at Tata Motors, left in April and has joined Renault India Pvt. Ltd as head of marketing.
Vijaya Rajalakshmi, who was brought on board in August as chief of customer experience, quit in March, according to two people familiar with the development.
Ranjit Yadav, who joined as president of the passenger vehicles unit in 2012 and was later made head of international business after the company hired Pareek in September 2014 to head the domestic unit, left the company on 28 April.
This is the second round of executive exits in less than a year, after Venkatram Mamillapalle, head of purchases; Rajesh Bagga, head of human resources and legal; and Ankush Arora, senior vice-president (commercial-passenger vehicle business) left the firm in July 2014. Three top Tata Motors executives quit even as Pareek scripts shift - Livemint