Tata Motors, Stellantis Strengthen Ties with MoU on 20-Year JV Milestone.

Global auto major Stellantis and Tata Motors Passenger Vehicles signed a memorandum of understanding (MoU) recently to explore deeper collaboration across manufacturing, engineering, and supply chains, commemorating 20 years of their joint venture in India.

The partnership, operated through Fiat India Automobiles Private Limited (FIAPL), has produced over 1.37 million vehicles since its inception and currently manufactures around 2,22,000 vehicles annually. The 50:50 joint venture employs nearly 5,000 people and runs an integrated vehicle and powertrain facility at Ranjangaon, near Pune.

Under the MoU, the two companies will assess opportunities for collaboration in India and overseas, combining Stellantis’ global manufacturing and technology expertise with Tata Motors Passenger Vehicles’ deep understanding of the local market.