Stellantis NV and Tata Motors Passenger Vehicles Limited (TMPV) have marked two decades of partnership through their 50:50 joint venture, Fiat India Automobiles Private Limited (FIAPL), by signing a new Memorandum of Understanding to evaluate expanded collaboration opportunities. The agreement outlines plans to assess future cooperation across manufacturing, engineering, and supply chain operations in India and select global markets. The initiative builds on a relationship that began in 2005 and has since evolved into one of India’s prominent automotive manufacturing alliances.
Over the past 20 years, FIAPL has developed strong capabilities in vehicle production, powertrain manufacturing, and integrated supply chain management. Operating from its Ranjangaon facility in Pune, the joint venture manufactures a range of vehicles for both companies and supports exports to international markets.
Executives from both organizations highlighted the milestone as a reflection of sustained collaboration built on shared objectives and complementary strengths. The new understanding is expected to explore avenues for enhancing operational efficiencies, leveraging advanced technologies, and supporting long-term growth in the region.
Stellantis, a global automotive manufacturer, brings international scale, brand portfolio strength, and advanced engineering expertise. Tata Motors Passenger Vehicles contributes deep understanding of the Indian market, strong product development capabilities, and an expanding presence in electric mobility.
FIAPL’s integrated facility in Ranjangaon produces select Stellantis models, including Jeep® vehicles, alongside Tata Motors’ passenger vehicle lineup. The plant also manufactures engines, transmissions, and traction motors, reinforcing its position as a key production hub within both companies’ networks. The renewed focus on collaboration aligns with broader industry trends emphasizing sustainable manufacturing, innovation-driven product development, and resilient supply chains.
Stellantis NV (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is a global automotive leader committed to empowering customers with flexible mobility choices through advanced technology and innovation, while delivering long-term value to stakeholders. Its diverse portfolio of iconic brands includes Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move, and Leasys.
Fiat India Automobiles Pvt Ltd is a major automotive manufacturing joint venture between Stellantis and Tata Motors Limited, operating a state-of-the-art integrated vehicle and powertrain facility in Ranjangaon, Pune. FIAPL produces globally recognized Stellantis models—including Jeep® Compass, Meridian, Grand Cherokee (CKD), and Wrangler (CKD)—alongside Tata Motors’ popular Nexon, Altroz, and Curvv. With in-house production of advanced engines, transmissions, and traction motors, the facility also exports vehicles to key international markets such as Japan and South Africa, reflecting its global manufacturing standards and commitment to excellence.
A part of the USD 180 billion Tata Group, Tata Motors Passenger Vehicles Ltd. (BSE: 500570; NSE: TMPV) is one of India’s leading car and SUV manufacturers, known for its strong focus on design, safety, and performance. The company offers a wide range of powertrain options, connected technologies, and intelligent mobility solutions.
With a reputation for innovation and engineering excellence, Tata Motors Passenger Vehicles Ltd is playing a key role in India’s electric vehicle transformation, advancing sustainable, zero-emission, and future-ready mobility supported by robust R&D and design capabilities. Pursuant to a Composite Scheme of Arrangement approved by the Hon’ble National Company Law Tribunal, Mumbai Bench, the company’s name was changed from Tata Motors Limited to Tata Motors Passenger Vehicles Limited effective October 13, 2025.
