Tata Motors and Stellantis signed a definitive agreement to develop cars in India for over 50 global markets. The companies will use Tata’s vehicle technology and design platforms at their joint venture facility in Pune. Shailesh Chandra said, "The partnership offered an opportunity to develop vehicles in India for domestic and international customers."
Stellantis and Tata Motors' passenger vehicle unit signed a definitive agreement for Stellantis to use Tata's advanced vehicle technology and architecture to build cars in India for over 50 global markets at their joint venture facility in Pune.
Tata Motors Passenger Vehicles (TMPV), its electric vehicle subsidiary Tata Passenger Electric Mobility (TPEM) and Stellantis India have signed a definitive agreement to expand their partnership into advanced vehicle technology and product development.
Under the agreement, TMPV will provide Stellantis access to its vehicle technology and design platforms. Stellantis will use its engineering and product development capabilities in India to adapt the vehicles for more than 50 international markets, taking into account different customer preferences, regulations and driving conditions.
The vehicles developed under the partnership will be manufactured in India at Fiat India Automobiles Private Limited (FIAPL), a 50:50 joint venture between TMPV and Stellantis.
The agreement builds on a memorandum of understanding signed in February 2026 to explore cooperation in manufacturing, engineering and supply chains in India and overseas. The latest deal establishes a specific collaboration on vehicle technology and design platforms.
The companies aim to use India's engineering talent and manufacturing capacity to increase exports and make the country a more important part of their global production networks.
What the companies said
Shailesh Chandra, managing director and CEO of TMPV, said the partnership with Stellantis had grown over more than two decades, supported by mutual trust and complementary strengths.
The agreement expands this relationship into advanced vehicle technology and architecture, reflecting TMPV's capabilities in these areas, he said.
Chandra added that the partnership offered an opportunity to develop vehicles in India for domestic and international customers.
Tianshu Xin, chief operating officer of Stellantis' Asia-Pacific region, said the agreement would help the company develop competitive vehicles in India and expand exports to international markets.
He added that it strengthened India's position as a key manufacturing and product development hub for Stellantis.
Pune plant to play a key role
FIAPL operates an integrated vehicle and powertrain manufacturing facility in Ranjangaon, Pune.
The plant manufactures the Jeep Compass, Meridian, Grand Cherokee and Wrangler, with the latter two also assembled from completely knocked-down (CKD) kits. It also produces Tata Motors' Nexon, Altroz and Curvv.
The facility manufactures engines, transmissions and electric traction motors and exports vehicles to markets including Japan and South Africa.
Stellantis owns a portfolio of 14 automotive brands and operates across Europe, North America, South America, the Middle East, Africa and Asia-Pacific. The companies said the combination of Stellantis' global reach and Tata Motors' technology capabilities would support the development and manufacture of vehicles in India for international markets.
TMPV, formerly known as Tata Motors Limited, is part of the $180 billion Tata Group. Its name changed with effect from October 13, 2025, following a Composite Scheme of Arrangement approved by the Mumbai bench of the National Company Law Tribunal.
Shares of Tata Motors Passenger Vehicles closed at ₹284.45 on the NSE on Monday, up ₹4.55, or 1.63%.