Partnership Agreement Details

Tata Motors Passenger Vehicles Limited (TMPV) and Stellantis India have signed a Definitive Agreement to broaden their strategic partnership into advanced technology and product collaboration. This agreement builds upon the Memorandum of Understanding signed in February 2026 and represents an expansion of their long-standing partnership.

Key Terms of Collaboration

Under the Agreement:

  • TMPV will provide Stellantis access to its advanced product technology and vehicle architecture
  • Stellantis will utilize its product development and engineering capabilities in India to adapt vehicles for requirements of more than 50 global markets
  • The collaboration will address diverse customer, regulatory and operating requirements across international markets
  • Vehicles developed under this agreement will be manufactured in India at Fiat India Automobiles Private Limited (FIAPL)

Manufacturing Arrangement

FIAPL is a 50:50 joint venture between TMPV and Stellantis located in Ranjangaon, Pune. The facility currently manufactures:

  • Stellantis models: Jeep Compass, Meridian, Grand Cherokee (CKD), and Wrangler (CKD)
  • Tata Motors models: Nexon, Altroz, and Curvv

The facility also exports vehicles to key international markets including Japan and South Africa.

Strategic Rationale

The collaboration aims to:

  • Utilize India's competitive engineering strengths and manufacturing scale
  • Accelerate export ambitions
  • Anchor India as a key node in the global production network
  • Reinforce India's growing global role in vehicle development, manufacturing and exports

Management Commentary

Shailesh Chandra, Managing Director & CEO, Tata Motors Passenger Vehicles: emphasized the partnership has grown over more than two decades built on mutual trust and complementary strengths. The agreement reflects the strength and competitiveness of TMPV's capabilities in advanced vehicle technology and architecture.

Tianshu Xin, Chief Operating Officer, Stellantis Asia-Pacific Region: stated that partnerships are central to how Stellantis creates value across Asia-Pacific. The combination of Tata Motors' strong capabilities in India with Stellantis' global product development and market reach will help develop competitive vehicles in India and expand export potential.

Company Background

Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is a global automaker with a portfolio of 14 automotive brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys.

Tata Motors Passenger Vehicles Ltd. is part of the USD 180 billion Tata Group and is one of India's leading automobile manufacturers offering diverse portfolio of cars and SUVs. The company changed its name from Tata Motors Limited to Tata Motors Passenger Vehicles Limited effective October 13, 2025 as per Composite Scheme of Arrangement sanctioned by the National Company Law Tribunal, Mumbai Bench.