Stellantis and Tata Motors Passenger Vehicles have officially marked two decades of strategic partnership by signing a new Memorandum of Understanding (MoU). This agreement, signed in Pune on February 10, 2026, aims to explore further opportunities for collaboration across manufacturing, engineering, and supply chain operations both in India and international markets.
A Legacy of Manufacturing Excellence
The partnership is centered around their 50:50 joint venture, Fiat India Automobiles Private Limited (FIAPL). Since its inception, the collaboration has achieved significant manufacturing milestones:
- Total Production: More than 1.37 million vehicles have been produced since the beginning of the partnership.
- Annual Capacity: The joint venture currently produces 222,000 vehicles per year.
- Employment: The FIAPL operations today employ almost 5,000 individuals.
- Facility Location: The state-of-the-art integrated vehicle and powertrain facility is located in Ranjangaon, Pune.
Current Vehicle Portfolio
The Ranjangaon plant serves as a hub for both global and domestic models. Currently, the facility produces four Jeep models and three Tata Motors passenger vehicles. The portfolio includes:
- Stellantis Models: Jeep Compass, Meridian, Grand Cherokee (CKD), and Wrangler (CKD).
- Tata Motors Models: Nexon, Altroz, and Curvv.
Beyond vehicle assembly, the facility is supported by the in-house production of advanced engines, transmissions, and traction motors. It also serves as an export hub, sending vehicles to key international markets including Japan and South Africa.
Executive Perspectives on Future Growth
The leadership of both companies expressed a shared commitment to evolving the joint venture to meet future industry demands.
Grégoire Olivier, Chief Operating Officer of Stellantis Asia Pacific, stated:
“FIAPL stands as a testament to what two strong organizations can achieve together. As we commemorate this milestone, we remain focused on evolving the partnership to support future-ready manufacturing, innovation, and sustainable growth in the region.”
Shailesh Chandra, Managing Director & CEO of Tata Motors Passenger Vehicles, added:
“Our partnership with Stellantis through FIAPL reflects the strength of a long-standing collaboration built on trust, shared values and a common vision. We look forward to deepening this relationship with Stellantis in the years ahead.”
The new MoU intends to leverage Stellantis’ global expertise alongside the deep local capabilities of Tata Motors Passenger Vehicles to expand future collaboration.
Frequently Asked Questions
What is the name of the joint venture between Stellantis and Tata Motors? The joint venture is known as Fiat India Automobiles Private Limited (FIAPL).
Which vehicles are currently manufactured at the FIAPL plant in Pune? The plant manufactures the Jeep Compass, Meridian, Grand Cherokee, and Wrangler for Stellantis, as well as the Nexon, Altroz, and Curvv for Tata Motors Passenger Vehicles.
Where does FIAPL export its manufactured vehicles? The facility exports vehicles to major international markets, specifically Japan and South Africa.
What is the production capacity of the Stellantis-Tata Motors JV? The joint venture produces 222,000 vehicles per year and has manufactured over 1.37 million vehicles since its inception.
When was the new MoU signed? The Memorandum of Understanding was signed on February 10, 2026, coinciding with the 20th anniversary of the partnership.
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