JSW MG Motor India partners with Tata Capital, now dealers will get this benefit
JSW MG Motor India has partnered with Tata Capital to provide funding solutions to its dealers. According to a company statement, the partnership aims to support JSW MG Motor India dealers with working capital, term loans, demo car loans, leasing solutions and off-balance sheet structured solutions to meet their growing business needs. Could. Satinder Singh Bajwa, chief commercial officer, JSW MG Motor India, said the partnership with Tata Capital will expand the company’s channel funding options.
Dealer partners will get finance solutions
“This strategic partnership underlines our commitment to provide financial solutions to our dealer partners and encourage them to grow their businesses sustainably,” he said. Commenting on the partnership, Tata Capital Chief Operating Officer (SME Finance ) Narendra Kamath said, “Our products will enable JSW MG Motor India’s distribution network to seamlessly tap emerging opportunities with appropriate resources.”
This is a joint venture
JSW MG Motor India was known as MG Motor India till the year 2024. It is an automobile manufacturing company of India. It was established in 2019. From the year 2023, it is a joint venture between Mumbai-based Indian multinational organization JSW Group and Shanghai-based Chinese automotive manufacturer SAIC Motor. SAIC Motor is a Chinese government-owned automobile manufacturer that markets vehicles under the MG marque.
