JSW MG Motor inks strategic partnership with HSBC India

5 Nov 2024 , 10:25 AM

JSW MG Motor India said on Monday that it has struck a strategic agreement with HSBC India to deliver comprehensive and tailored finance solutions at competitive terms to the carmaker’s dealer partners. 

JSW MG Motor India said that by using HSBC India’s experience, the company’s dealer network will have easier access to operating capital.

The relationship with HSBC India, which offers a variety of tailored financing solutions, will improve operational efficiency, promote business sustainability, and develop long-term growth potential for dealer partners, according to the company.

Satinder Singh Bajwa, Chief Commercial Officer at JSW MG Motor India, stated that this collaboration with HSBC is a key step in empowering the company’s dealer partners, as well as delivering the greatest resources and support to its dealer partners. 

Our collaboration with JSW MG Motor India is a critical step forward in providing financing solutions to the most essential channel partners. Our goal is to provide frictionless access to funding and create an environment in which they can respond more effectively to market demands, said Gaurav Sahgal, Country Head Business Banking at HSBC India. 

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