Maruti Suzuki India Limited (MSIL) has entered into a strategic partnership with Standard Chartered Bank to offer comprehensive inventory funding solutions for its expansive dealership network.
The MoU was signed in the presence of key leaders from both organisations, including Partho Banerjee and Mr. Nobutaka Suzuki, Senior Executive Officers – Marketing & Sales at MSIL; and P D Singh, CEO – India & South Asia, Standard Chartered, along with senior representatives from the supply chain finance and dealer coverage teams.
Speaking on the collaboration, Banerjee noted, “This partnership takes us a step further in empowering our dealer partners, as Maruti Suzuki continues to strengthen its market presence. The alliance will leverage the strengths of both MSIL and Standard Chartered to offer tailored financing solutions that support efficient inventory management and elevate customer satisfaction.”
Sanjay Gurjar, Co-Head of Coverage – India & South Asia at Standard Chartered, added, “We are delighted to partner with Maruti Suzuki, a leader in India’s automotive sector. Our supply chain finance offerings are designed to ensure timely and seamless inventory funding, enabling dealerships to stay agile and competitive.”
This alliance comes at a time when dealerships are seeking greater financial flexibility to navigate a dynamic market. The partnership is expected to streamline inventory procurement, reduce liquidity pressure, and empower dealerships to maintain optimal stock levels while focusing on enhancing customer experience.
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