JSW MG Motor Partners with Tata Capital for Dealer Financing

JSW MG Motor India has entered into a strategic partnership with Tata Capital to offer comprehensive financing solutions to its dealers. The collaboration includes working capital, term loans, demo car loans, and leasing solutions aimed at supporting the dealers' growing business needs.


PTI | New Delhi | Updated: 18-06-2024 13:34 IST | Created: 18-06-2024 13:34 IST
JSW MG Motor Partners with Tata Capital for Dealer Financing
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In a significant move to bolster its dealer network, JSW MG Motor India announced a strategic partnership with Tata Capital. The collaboration aims to provide a range of financing solutions, including working capital, term loans, demo car loans, and leasing options, tailored to suit the dealers' business needs.

JSW MG Motor India Chief Commercial Officer, Satinder Singh Bajwa, emphasized that this partnership reflects the company's commitment to nurturing its dealer partners' growth. 'This strategic partnership underscores our commitment to supporting our dealer partners with financial solutions, encouraging them to grow their businesses sustainably,' he said.

Narendra Kamath, COO of SME Finance at Tata Capital, noted, 'Our tailor-made products will cater and enable the distribution network of JSW MG Motor India with the apt resources to leverage emerging prospects seamlessly.' The collaboration aims to expand JSW MG Motor's financing channels to meet the evolving needs of its dealers.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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