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Tata Motors and Bajaj Finance Partner for Dealer Financing

-Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM) have partnered with Bajaj Finance to offer supply chain finance solutions to their dealers.

-The MoU was signed by Dhiman Gupta of Tata Passenger Electric Mobility Ltd. and Siddhartha Bhatt of Bajaj Finance Ltd.

-This partnership aims to help TMPV and TPEM dealers access funding with minimal collateral, improving their working capital.

-Both companies emphasized the partnership’s role in supporting dealers and fostering market growth in the automotive sector.

-The collaboration is expected to enhance the growth of the Indian automotive industry, particularly in the passenger and electric vehicle segments.

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