Tata Motors partners with HSBC India to enhance dealer financing solutions

Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM), subsidiaries of India’s leading automotive manufacturer, have announced a partnership with HSBC India. This collaboration aims to provide supply chain financing solutions to their network of passenger and electric vehicle dealers, facilitating easier access to funding at competitive terms.

Tata Motors and HSBC India partnership

The partnership is set to strengthen working capital accessibility for dealers, empowering them to capitalise on opportunities within the burgeoning passenger vehicle market. Through this partnership with HSBC India, Tata Motors aims to further enhance its support for dealers, ensuring that they are well-equipped to thrive in an increasingly competitive marketplace while contributing to the evolution of sustainable transportation in India.

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Mr. Dhiman Gupta, Chief Financial Officer of Tata Passenger Electric Mobility Ltd. and Vice President of Tata Motors Passenger Vehicles Ltd., commented on the initiative: “In the ever-evolving automobile landscape, our dealer partners are a vital cog for our business. We are committed to assisting them in easing the process of doing business, which is why we are delighted to collaborate with HSBC India for this financing programme that improves our dealers’ access to working capital. Together, we are devoted to driving growth and delivering unmatched value to our customers.”

Mr. Gaurav Sahgal, Country Head of Business Banking at HSBC India, added, “Our partnership with Tata Motors is a significant step towards broadening the availability of finance and providing banking solutions to the passenger and electric vehicle dealer network. This will mark another milestone in our long-standing relationship with Tata Motors and Tata Group, reflecting our shared vision of advancing clean and efficient transportation.”

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Tata Motors has long been a pioneer in the Indian automotive sector, driving innovation with a strong focus on safer, smarter, and greener mobility solutions. The company boasts a diverse portfolio that spans multiple fuel types—including petrol, diesel, CNG, and electric powertrains—ensuring that there is a suitable product for every use case. This commitment to innovation has garnered widespread appreciation from consumers across the country.