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This Article is From Jun 18, 2024

JSW MG Motor India, Tata Capital Partner To Offer Financing Solutions To Dealers

JSW MG Motor India, Tata Capital Partner To Offer Financing Solutions To Dealers
(Source: Freepik)
STOCKS IN THIS STORY
Goenka Business & Finance Ltd.
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Tata Capital Ltd
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JSW MG Motor India announced a partnership with Tata Capital to offer comprehensive financing solutions to its dealers.

The collaboration aims to support JSW MG Motor India dealers with working capital, term loans, demo car loans, leasing solutions and off-balance sheet structured solutions, catering to their growing business needs, according to the company's official statement on Tuesday.

The partnership with Tata Capital expands the company's channel financing options, JSW MG Motor India's Chief Commercial Officer, Satinder Singh Bajwa said. "This strategic partnership underscores our commitment to supporting our dealer partners with financial solutions, encouraging them to grow their businesses sustainably," he said.

"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," said Narendra Kamath, Tata Capital Chief Operating Officer, SME Finance.

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