How Tata Motors Finance has been driving India’s mobility growth story
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India’s automotive sector is set to witness a healthy recovery ahead, leaving behind the structural slowdown that the industry witnessed over the last four years. An added impetus to the momentum is the structural changes the Indian economy is undergoing, and legacy financial companies such as Tata Motors Finance (TMF) are at the cusp of stellar growth in the times to come. It has successfully transformed itself from a vehicle financing company to an ecosystem financing company.
“The ecosystem of Tata Motors Ltd comprises suppliers, dealers, transporters and retailers who are aggregating at the transporter level. We finance every part of this ecosystem - through retail, wholesale finance and product life cycle financing,” Samrat Gupta - CEO & MD, Tata Motors Finance Group tells YourStory in an interview.