Auto components India

Tata Motors, Castrol announce global strategic partnershi­p

- ACI

Tata Motors and Castrol have signed a 3 year strategic partnershi­p agreement for supply of commercial vehicle oils to Tata Motors globally. The agreement will cover over 50 markets including SAARC and ASEAN region, Middle East, Africa, Russia and Latin America. As Tata Motors expand its internatio­nal footprint, Castrol with its establishe­d presence in these markets, will support Tata Motors’ channel partners with high quality products and services to enhance market share and profitabil­ity of the company.

Tata Motors is a key strategic global account for Castrol and this new agreement is a step forward in the partnershi­p which goes back 3 decades, starting in India. As a preferred partner of Tata Motors, Castrol will work closely with the Tata team to co-engineer products suited to meet specific requiremen­ts of new engine technology and environmen­t regulation­s. Guenter Butschek, CEO and MD, Tata Motors said, “Tata Motors has had a long and enduring partnershi­p with Castrol in India, delivering exceptiona­l products and outstandin­g service for our customers. We are delighted to extend this partnershi­p to a global level and look forward to leveraging our complement­ary strengths to offer our channel partners with high quality support.”

“Tata Motors is a valued key global strategic account for Castrol and we are excited about extending our relationsh­ip to global markets,” Mandhir Singh, CEO, BP Lubricants, said.

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