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Live2026-10-28 18:32 UTC+35 todayUpdated

Tata Motors Partners with UCO Bank for Dealer Inventory Funding

Tata Motors Passenger Vehicles and its electric mobility unit have partnered with UCO Bank to provide inventory funding to their authorized dealers.

Key figure
2026
Figure 2
180 billion
Figure 3
2025
Figure 4
1943

What Happened

Tata Motors Passenger Vehicles Ltd. (TMPV) and Tata Passenger Electric Mobility Ltd. (TPEM) have signed a Memorandum of Understanding (MoU) with UCO Bank to offer customized inventory funding solutions to their authorized dealers. The partnership aims to help dealers manage working capital more efficiently and improve the car buying experience.

“We are delighted to partner with UCO Bank to assist our authorized dealer partners with an exclusive inventory funding program for both our electric and internal combustion vehicles.”
— Dhiman Gupta, CFO, Tata Motors Passenger Vehicles Ltd.
“We are pleased to partner with Tata Motors in supporting its dealer ecosystem through inventory funding. Dealers play a critical role in the automotive value chain and timely access to working capital is essential for sustainable business growth.”
— Shashi Kant Kumar, General Manager, UCO Bank

Why this matters

This partnership helps dealers manage working capital more efficiently, potentially improving vehicle availability and the customer buying experience.

Terms in This Story

MoU
Memorandum of Understanding, a non-binding agreement outlining the terms of a partnership.
Inventory funding
Financing provided to dealers to purchase vehicles for their stock.
Read Original: Tata Motors

Summarised from the linked release; details can be imperfect — always verify against the original source.

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