New Delhi, Oct 12: Stellantis India, Tata Motors Passenger Vehicles Limited (TMPV) and its subsidiary Tata Passenger Electric Mobility Limited (TPEM) on Monday announced the signing of a definitive agreement to expand the scope of their long-standing partnership further into advanced technology and product collaboration.
Under the agreement, TMPV and Stellantis will collaborate to develop vehicles for more than â?O50 global markets and manufacture them in India at Fiat India Automobiles Private Limited (FIAPL), the 50:50 joint venture between TMPV and Stellantis.
Under the agreement, TMPV will provide Stellantis access to its advanced product technology and vehicle architecture, which Stellantis will build upon through its product development and engineering capabilities in India to address the requirements of more than 50 global markets, adapting to diverse customer, regulatory and operating requirements, a statement said.
“This Definitive Agreement follows the MoU signed in February 2026 to explore collaboration across manufacturing, engineering and supply chain in India and overseas. It turns that intent into a specific product technology and architecture collaboration. Utilising India’s competitive engineering strengths and manufacturing scale, the collaboration aims to accelerate the export ambitions and further anchor India as a key node in the global production network,” a statement said.
Shailesh Chandra, Managing Director & CEO, Tata Motors Passenger Vehicles, said, “Our partnership with Stellantis has grown steadily over more than two decades, built on mutual trust. (PTI)