Tata Motors and Stellantis join forces to develop vehicles for global markets
- Tata Motors Passenger Vehicles TPMV and Stellantis have signed an agreement to manufacture cars in India for export to over 50 countries.
- The vehicles will be manufactured at the companies' joint facility near Pune, operated by Fiat India Automobiles.
- Tata Motors will provide vehicle technology and designs, while Stellantis will sell the cars internationally under its own brands.
- The agreement expands their existing partnership and could strengthen India's position as a global car manufacturing and export hub.
Source: economictimes.indiatimes.com
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