Indian automaker Tata Motors and Castrol have signed a three-year strategic partnership agreement for supplying Commercial Vehicle Oils to Tata Motors.
The agreement will cover the global markets including SAARC and ASEAN region, Middle East, Africa, Russia and Latin America.
As Tata Motors plans to expand their international presence, Castrol with its established presence in these markets will assist Tata Motors with high-quality products and service.
Tata Motors is one of the key strategic global accounts for Castrol and this agreement is a step forward in this partnership. Tata Motors is the largest commercial vehicle manufacturer in the country.
As a partner of Tata Motors, Castrol will work closely with the Tata team to develop products suited to meet specific requirements of new engine technology to meet new emission norms.
Speaking about the agreement, CEO and Managing Director, Tata Motors Limited, Guenter Butschek said, "Tata Motors has had a long and enduring partnership with Castrol in India, delivering exceptional products and outstanding service for our customers."
He added, "We are delighted to extend this partnership to a global level and look forward to leveraging our complementary strengths to offer our channel partners high quality support."
CEO, BP Lubricants, Mandhir Singh said, "Tata Motors is a valued key global strategic account for Castrol and we are excited about extending our relationship to global markets."