Chandigarh, September 21, 2016: Tata Motors and Castrol today signed a new Strategic Partnership Agreement which will see the two companies working even closer together going forward. Castrol is a major supplier, approved by Tata Motors Passenger Vehicle Division to provide the entire range of lubricants including engine oils, gear oils, transmission fluids and ancillary products.
Tata
Motors and Castrol have a long and enduring relationship of over three
decades and have worked closely together to deliver high performance
products and outstanding services for Tata Motors customers. In the
passenger vehicle segment, Tata Motors and Castrol have worked together
to co-engineer dedicated products to suit the requirements of the
passenger vehicle range, including the recently launched, Tiago.
(L-R)
Mr. Omer Dormen, MD, Castrol India Ltd and Mr. Mayank Pareek,
President, Passenger Vehicle Business, Tata Motors at the signing
ceremony held in Mumbai
Speaking
at the signing ceremony held in Mumbai today, Mr. Mayank Pareek,
President, Passenger Vehicle Business, Tata Motors, said, “Castrol has
been a trusted partner with Tata Motors over the last several years. Our
companies share similar values and are focused on delivering the best
product quality and services and delightful customer experiences. We are
glad to extend our partnership with Castrol and look forward to working
closely with them to leverage the exciting growth opportunities in the
passenger vehicle market.”
As
part of the ongoing partnership, Castrol provides Tata Motors workshops
with the high performance Professional series of lubricants including
Castrol GTX Professional Diesel, Castrol MAGNATEC Professional T5W30 and
Castrol EDGE 0W40 engine oils. Through its wide distribution network,
covering over one lakh retail outlets across the country, Castrol
enables Tata Motors workshops and retail customers access to the
complete range of Castrol’s pioneering technology lubricants.
Both
the companies also work closely in the area of safety and skill
development in Tata Motors Franchised workshops, besides collaborating
on joint campaigns and promotional activities to generate further
footfalls in workshops.
Commenting
on the Tata Motors - Castrol partnership, Mr. Omer Dormen, Managing
Director, Castrol India Limited, said: “Castrol’s relationship with Tata
Motors goes beyond providing pioneering technology products and
outstanding service, to collaborating with them to enhance their
customers’ experiences. Castrol values this long standing relationship
and we look forward to building on that relationship and developing new
synergies as our partnership strengthens and flourishes.”
About Tata Motors:
Tata
Motors Limited is India’s largest automobile company, with consolidated
revenues of INR 275,561 crores (USD 41.6 billion) in 2015-16. Through
subsidiaries and associate companies, Tata Motors has operations in the
UK, South Korea, Thailand, South Africa and Indonesia. Among them is
Jaguar Land Rover, the business comprising the two iconic British
brands. It also has an industrial joint venture with Fiat in India.
With over 9 million Tata vehicles plying in India, Tata Motors is the
country’s market leader in commercial vehicles and among the top in
passenger vehicles. Tata cars, buses and trucks are being marketed in
several countries in Europe, Africa, the Middle East, South Asia, South
East Asia, South America, Australia, CIS and Russia.
About Castrol:
Castrol,
one of the world’s leading lubricant brands, has a proud heritage of
innovation and fuelling the dreams of pioneers. Our passion for
performance, combined with a philosophy of working in partnership with
manufacturers, has enabled Castrol to develop lubricants and greases
that have been at the heart of numerous technological feats on land,
air, sea and space for over 100 years.
Castrol
is part of the BP group and serves customers and consumers in over 140
countries in the automotive, marine, industrial and energy production
sectors. Our branded products are recognized globally for innovation and
high performance through our commitment to premium quality and
cutting-edge technology.