Definitive agreement signed with Stellantis to expand technology and product collaboration

Stellantis India, Tata Motors Passenger Vehicles Limited (TMPV) and its subsidiary Tata Passenger Electric Mobility Limited (TPEM) have signed a Definitive Agreement to broaden their long-standing partnership into advanced technology and.

Mon 12 Oct 2026

Markets Addressed

more than 50 global markets

Joint Venture Structure

50:50 joint venture between TMPV and Stellantis (FIAPL)

Prior MoU Date

MoU signed in February 2026

What was announced

Stellantis India, Tata Motors Passenger Vehicles Limited (TMPV) and its subsidiary Tata Passenger Electric Mobility Limited (TPEM) announced the signing of a Definitive Agreement that expands the scope of their long-standing partnership further into advanced technology and product collaboration.

• The Definitive Agreement builds on the Memorandum of Understanding (MoU) signed in February 2026.
• The MoU was signed to explore collaboration across manufacturing, engineering and supply chain in India and overseas; the new agreement turns that intent into a specific product technology and architecture collaboration.

What each partner brings

• TMPV will provide Stellantis access to its advanced product technology and vehicle architecture.
• Stellantis will build upon this through its product development and engineering capabilities in India.
• The aim is to address the requirements of more than 50 global markets, adapting to diverse customer, regulatory and operating requirements.
• The stated intent is to use India's engineering strengths and manufacturing scale to speed up export ambitions and anchor India as a key node in the global production network.

Where the vehicles will be made

• Vehicles developed under the Agreement will be manufactured in India at Fiat India Automobiles Private Limited (FIAPL).
• FIAPL is the 50:50 joint venture between TMPV and Stellantis, operating an integrated vehicle and powertrain facility at Ranjangaon, Pune. It already exports vehicles to markets such as Japan and South Africa.

What the managements said

• Shailesh Chandra, Managing Director & CEO, TMPV: the partnership with Stellantis has grown steadily, built on mutual trust and complementary strengths; this agreement extends the relationship into advanced vehicle technology and architecture, and reflects TMPV's capabilities in these areas.
• Tianshu Xin, Chief Operating Officer, Stellantis Asia-Pacific Region: the agreement combines Tata Motors' capabilities in India with Stellantis' global product development and market reach, to develop competitive vehicles in India and expand export potential.

How to read it

This is a partnership and technology-collaboration announcement. The points a reader can note are:

• TMPV's technology and vehicle architecture being used by a global automaker for products aimed at more than 50 global markets.
• Manufacturing anchored in India at an existing joint-venture plant, FIAPL.
• A step-up from the February 2026 MoU to a Definitive Agreement.

The release describes the scope of the collaboration and where the vehicles will be built; the commercial outcome would flow from how the products and volumes take shape over time.

Context given in the release

• Stellantis is described as bringing a portfolio of 14 iconic automotive brands and a presence across Europe, North America, South America, the Middle East, Africa and Asia-Pacific.
• TMPV is described as part of the USD 180 billion Tata Group and one of India's leading automobile manufacturers, with multi-powertrain options, connected technologies and electric mobility.
• The release also notes that, in terms of a Composite Scheme of Arrangement sanctioned 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 with effect from October 13, 2025.

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