Tata Motors-Stellantis sign MoU for future collaboration as JV turns 20

Tata Motors-Stellantis sign MoU

Tata Motors Passenger Vehicles and global automotive major Stellantis on February 10, signed a memorandum of understanding to explore new opportunities for collaboration across manufacturing, engineering and supply chain operations, both in India and overseas.

The two companies on Tuesday commemorated 20 years of their successful partnership through Fiat India Automobiles (FIAPL), a 50:50 joint venture. Both share a common manufacturing plant located at Ranjangaon near Pune.

Over the past two decades, FIAPL has built strong capabilities in manufacturing excellence, powertrain development and supply-chain management.

In a joint release, Grégoire Olivier, Chief Operating Officer of Stellantis Asia Pacific, said the joint venture exemplifies the value of long-term partnerships.

“FIAPL stands as a testament to what two strong organizations can achieve together. As we commemorate this milestone, we remain focused on evolving the partnership to support future-ready manufacturing, innovation, and sustainable growth in the region,” he said.

Shailesh Chandra, Managing Director and CEO of Tata Motors Passenger Vehicles, echoed the sentiment, highlighting the trust and shared vision that underpin the alliance.

“Our partnership with Stellantis through FIAPL reflects the strength of a long-standing collaboration built on trust, shared values and a common vision. We look forward to deepening this relationship with Stellantis in the years ahead,” he said.

Industry observers see the renewed collaboration as timely, as automakers increasingly seek strategic alliances to strengthen supply chains, accelerate innovation and enhance competitiveness in a rapidly changing global automotive landscape.