Renault India, the wholly owned subsidiary of Renault Group, has announced a strategic partnership with the Indian Institute of Technology (IIT) Kanpur to strengthen vehicle research and development capabilities in India. As part of the collaboration, Renault India will utilize IIT Kanpur’s National Wind Tunnel Facility (NWTF) to conduct advanced aerodynamic and wind-noise testing for its passenger vehicles. […]
Tag: MOU
Tata Motors and UCO Bank Sign MoU to Expand Financing Access for CV Buyers
Tata Motors has signed a memorandum of understanding with UCO Bank to provide customers across India with organised financing solutions for commercial vehicles. The partnership combines UCO Bank’s nationwide branch network and financial outreach with Tata Motors’ commercial vehicle portfolio, with the shared aim of making vehicle ownership more accessible for fleet operators, entrepreneurs, and […]
SML Mahindra Partners with UCO Bank for CV Financing
SML Mahindra, one of India’s leading commercial vehicle manufacturers, has signed an MoU with UCO Bank, a leading public sector bank, to offer customised and affordable retail financing solutions to customers across the country. Milan Dubey, Deputy General Manager & Zonal Head, UCO Bank, and Prashant Kumar, Chief General Manager – Marketing, SML Mahindra (second […]
JSW Motors, Tata Elxsi set up Pune Tech Hub for software-defined mobility
JSW Motors has partnered with Tata Elxsi to establish the JNEXT – JSW NextGen Technology Center in Pune, marking a strategic step towards developing next-generation, software-defined and AI-powered mobility solutions. The two companies have signed a Memorandum of Understanding to formalise the collaboration, with the new centre positioned as a key engineering hub supporting JSW […]
Kia India Expands ‘Buckle Up’ Road Safety Initiative, Signs MoU with TSL Foundation
Reinforcing its role as a responsible mobility leader, Kia India, one of the country’s leading mass premium carmakers, announced the launch of Phase II of its flagship road safety initiative, ‘Buckle Up’, in partnership with The Social Lab Foundation (TSL), under the aegis of the Ministry of Road Transport and Highways (MoRTH). Marking the next phase, […]
SML Mahindra Partners with Indian Bank to Boost Dealer Financing
SML Mahindra Limited has entered into a Memorandum of Understanding (MoU) with Indian Bank to strengthen its dealer ecosystem through structured inventory funding support. Under the partnership, Indian Bank will extend working capital assistance to SML Mahindra’s authorised dealers through its Supply Chain Finance (SCF) platform, enabling smoother inventory funding at competitive and transparent terms. […]
Transguard Group joins myTVS to drive digital transformation across UAE automotive and logistics sectors
Transguard Group has signed a strategic Memorandum of Understanding (MoU) with myTVS, India’s largest digital automotive aftermarket platform, in a move aimed at transforming the automotive, aviation, logistics and wider supply chain ecosystem in the UAE. The collaboration will combine Transguard’s operational expertise with myTVS’ advanced digital aftermarket platform to introduce integrated, end-to-end solutions across […]
Ashok Leyland partners with Punjab National Bank to boost dealer financing nationwide
Ashok Leyland, the flagship company of the Hinduja Group and India’s leading commercial vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with Punjab National Bank (PNB) to support its Medium and Heavy Commercial Vehicle (MHCV) dealer network with competitive and flexible financing solutions. The MoU was signed by Mr. K. M. Balaji, Chief Financial […]
Ashok Leyland partners with Indian Bank to provide channel finance facilities for M&HCV dealers
Ashok Leyland, the Indian flagship of the Hinduja Group and country’s leading commercial vehicle manufacturer, signed a Memorandum of Understanding (MoU) with Indian Bank to provide channel finance facilities for M&HCV dealers. This collaboration aims to deliver customized financial solutions benefitting Ashok Leyland’s channel partners. The MoU was signed by Mr. C. Neelakantan, Head – […]
Ashok Leyland partners with Nagaland Rural Bank for providing Vehicle Finance facilities
Ashok Leyland, the Indian flagship of the Hinduja Group and country’s leading commercial vehicle manufacturer, signed a Memorandum of Understanding (MoU), with Nagaland Rural Bank to enter into a strategic vehicle financing partnership for its customers. This MoU will enable both Ashok Leyland and Nagaland Rural Bank to offer customized financial solutions to the customers. […]
Euler Motors and Tata Power Renewables Partner to Boost EV Adoption with Fast-Charging Infrastructure
Euler Motors, a leading electric commercial vehicle manufacturer, and Tata Power Renewables, one of India’s largest integrated power companies, have signed a long-term Memorandum of Understanding (MoU). Under this MoU, Tata Power Renewables will provide Fast Chargers for Euler Motors’ entire product range to ensure seamless charging accessibility to all customers. With this, Euler Motors […]
FlixBus India partners with S.M. Kannappa Automobiles to boost inter-city bus travel
FlixBus India, a global travel-tech leader of affordable and sustainable travel and S.M. Kannappa (SMK) Automobiles Private Limited, a pioneer in bus body manufacturing, have signed a Memorandum of Understanding (MoU) at an event held at The Ritz Carlton, Bengaluru. This strategic partnership is aimed at enhancing the mobility experience by combining SMK’s cutting-edge bus […]
Ashok Leyland and FlixBus India join hands to revolutionize sustainable inter-city mobility
Ashok Leyland has signed an MoU with FlixBus India, a global travel-tech leader of affordable and sustainable travel. This partnership marks a significant step toward transforming India’s bus transportation ecosystem through cutting-edge technology and innovation in high-capacity vehicles. The MoU was signed by Mr. Mohan K, Head – Bus Vertical, Ashok Leyland, Mr. Max Zeumer, COO, […]
Tata Motors signs MoU with ESAF Small Finance Bank for commercial vehicle financing
Tata Motors, India’s largest commercial vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with ESAF Small Finance Bank, to offer attractive financing solutions to its commercial vehicle customers. Initially focused on Small Commercial Vehicles (SCVs) and Light Commercial Vehicles (LCVs), the partnership will expand to include financing for Tata Motors’ entire commercial vehicle portfolio. […]
Toyota Kirloskar Motor partners with Union Bank of India to offer vehicle financing
In its continuous effort to enhance customer experience and streamline car ownership experience through innovative solutions, Toyota Kirloskar Motor (TKM) today announced the signing of a Memorandum of Understanding (MOU) with Union Bank of India to enable comprehensive and accessible vehicle financing solutions. The partnership aims to offer innovative and attractive solutions curated to meet […]
















