Stellantis, TMPV complete 20 years of JV, sign MoU to strengthen alliance

Stellantis, a global automaker, and Tata Motors Passenger Vehicles, a manufacturer of cars and SUVs, upon completion of 20-years of their 50:50 joint venture, Fiat India Automobiles Private Ltd (FIAPL) have signed a Memorandum of Understanding (MoU) to explore further opportunities for collaboration across manufacturing, engineering and supply chain in India and overseas.

Building on this partnership and leveraging Stellantis’ global expertise and Tata Motors Passenger Vehicles’ deep local capabilities, FIAPL has developed strength across manufacturing, powertrain, and supply‑chain excellence, laying a strong foundation for expanding future collaboration, the partners said in a statement.

Grégoire Olivier, chief operating officer of Stellantis Asia Pacific, said, “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.”

Shailesh Chandra, managing director & CEO, Tata Motors Passenger Vehicles, said, “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.”