Stellantis and Tata Motors Celebrate 20-Year Partnership, Sign MoU for Further Collaboration
Stellantis and Tata Motors Passenger Vehicles marked two decades of their 50:50 joint venture FIAPL by signing an MoU to explore new collaboration in manufacturing, engineering, and supply chain.
- 1.37 million
- 222,000 vehicles
- nearly 5,000
What Happened
Stellantis and Tata Motors Passenger Vehicles commemorated the 20-year anniversary of their 50:50 joint venture, Fiat India Automobiles Private Limited (FIAPL), by signing a Memorandum of Understanding (MoU) to explore further collaboration across manufacturing, engineering, and supply chain in India and overseas. FIAPL currently produces 4 Jeep models and 3 Tata Motors passenger vehicles at its plant in Pune, India, and exports vehicles to markets including Japan and South Africa.
“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.”
“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.”
Why this matters
The joint venture has produced over 1.37 million vehicles and employs nearly 5,000 people, showing a successful long-term partnership that could expand into new areas.
Terms in This Story
- MoU
- Memorandum of Understanding, a non-binding agreement outlining the intent to collaborate.
- JV
- Joint venture, a business arrangement where two or more parties share ownership and risk.
- CKD
- Completely Knocked Down, a kit of parts for assembly in another location.
Summarised from the linked release; details can be imperfect — always verify against the original source.