Tata Motors and Stellantis Sign New MoU as JV Completes 20 Years

Tata Motors Passenger Vehicles and Stellantis have renewed their engagement with a fresh memorandum of understanding, marking 20 years of their joint venture operations in India. 

New MoU Explores Wider Collaboration Scope 

The new MoU between Tata Motors Passenger Vehicles and Stellantis focuses on assessing additional areas of cooperation across manufacturing, engineering and supply-chain operations in India and overseas.  

The agreement coincides with 20 years of their equal joint venture, Fiat India Automobiles Private Limited, which owns and operates the Ranjangaon manufacturing facility in Maharashtra. 

Industry discussions linked to the MoU include potential powertrain collaboration, with Stellantis evaluating Tata Motors’ 1.5-litre T-GDi petrol engine for possible use in models such as the Jeep Compass and Jeep Meridian, which are currently sold with diesel engines in India. 

Existing Powertrain Ties and Production Footprint 

The renewed engagement builds on an established technical relationship between the partners. Tata Motors has secured licensing rights from Stellantis for the local development of the 2.0-litre Multijet diesel engine in multiple configurations.  

Produced at the Ranjangaon plant, the engine is used across both portfolios, powering Jeep Compass, Jeep Meridian, Tata Motors Harrier and Tata Motors Safari. 

Over the past 20 years, FIAPL has evolved into a manufacturing and powertrain development hub, combining Stellantis’ global expertise with Tata Motors Passenger Vehicles’ understanding of the domestic market. 

Scale of Operations and Management Commentary 

FIAPL has produced 1.37 million vehicles to date and employs 5,000 people, with an annual capacity of 222,000 vehicles. The Ranjangaon facility currently manufactures 4 Jeep models and 3 Tata Motors passenger vehicles. 

As per news reports, Grégoire Olivier of Stellantis highlighted the value of “long-term collaboration,” while Shailesh Chandra of Tata Motors Passenger Vehicles described the partnership as being built on “trust and shared values,” expressing confidence in deeper collaboration ahead. 

Read More: Tata Steel Denies Collusion, Cites Global Trends as It Prepares CCI Response! 

Tata Motors Share Price Performance  

As of February 11, 2026, at 9:53 AM, Tata Motors Ltd share price is trading at ₹384.05 per share, reflecting a surge of 1.24% from the previous closing price.  

Conclusion 

With a new MoU in place and a 20-year operating base at FIAPL, Tata Motors Passenger Vehicles and Stellantis are positioning their partnership to evaluate future opportunities across products, technology and manufacturing. 

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