Stellantis, Tata Motors Passenger Vehicles to develop vehicles in India

Stellantis and Tata Motors Passenger Vehicles have reached an agreement to jointly develop vehicles for over 50 global markets and manufacture them in India, as announced on Monday. This partnership extends their existing relationship, which has focused on manufacturing vehicles through Fiat India Automobiles, a 50:50 joint venture between the two companies. The agreement follows a February pact exploring cooperation in manufacturing, engineering, and supply chains.

This development signifies a significant step in Tata Motors PV's partnership with Stellantis, moving it beyond manufacturing into vehicle development. The collaboration highlights India's increasing role as a base for automakers in engineering, product development, and exports. The world's third-largest car market presents an attractive opportunity for automakers to establish a strong presence.

Under the agreement, Stellantis will gain access to Tata Motors' vehicle architecture and technologies, which it will combine with its own engineering and product-development capabilities to create vehicles for international markets.