Tata Motors Ltd.

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Tata Motors’ arms partner with HSBC India

Date: 16-10-2024

Tata Motors’ subsidiaries -- Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM) have partnered with HSBC India to extend supply chain financing solutions to their passenger and electric vehicle dealers. 

Under this agreement, the participating companies will come together to leverage HSBC India’s expertise to help dealers of TMPV and TPEM access funding at competitive terms. This collaboration will strengthen working capital accessibility for dealers, enabling them to seize opportunities in the growing passenger vehicles market.

Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.