Leading automotive brand Tata Motors took a slew of collaborative efforts in recent days to widen its vehicular base as also to announce its participation in the vehicle scrapping space.
On August 5, the company signed a Memorandum of Understanding (MoU) with Common Service Centre Scheme (CSC) e-Governance Services India Limited, to bring its commercial vehicles to rural customers across India.
Through this initiative, Tata Motors and CSC aim to increase accessibility in remote regions and help realise the Government’s vision of Aatmanirbhar Bharat, said a press release.
Mr. Rajesh Kaul, Vice-President, Sales & Marketing, Commercial Vehicle Business Unit, Tata Motors, said, “With the onset of the digital age, this partnership with CSC would play a large role in enabling those living in villages with the power of choice, in opting for a business proposition through our range of commercial vehicles.”
A week later, the CV manufacturer entered into a MoU with the Government of Gujarat to support setting up a Registered Vehicle Scrapping Facility (RVSF) in Ahmedabad, for end-of-life passenger and commercial vehicles.
The scrappage centre will have the capacity of recycling up to 36,000 vehicles a year.
The MoU was signed at the Investor Summit in Gandhinagar, in the presence of Union Minister of Road Transport and Highways, Mr. Nitin Gadkari, Gujarat Chief Minister, Mr. Vijay Rupani, and other delegates.
Mr. Girish Wagh, Executive Director & President – Commercial Vehicle Business Unit, Tata Motors, said, “It is indeed a historic step for Tata Motors as the company announces its participation in the vehicle scrapping space.”
On August 16, Tata Motors joined hands with Bank of Maharashtra to make available the ‘Maha Super Car Loan scheme” to all its customers.
As part of the tie-up, Bank of Maharashtra will provide loans to Tata Motors’ customers at an interest rate starting at 7.15 pc linked with Repo Linked Lending Rate (RLLR), subject to certain conditions.
A day later, on August 17, the company handed over 10 Nexon EVs for use by senior officials of the Government of Gujarat, associated with the Statue of Unity, located in Kevadiya, Gujarat.
The handover ceremony took place in the presence of Dr. Rajiv Kumar Gupta, Additional Chief Secretary (Industries & Mines) & MD Sardar Sarovar Narmada Nigam).