JSW, MG Motor Partner with HSBC India
JSW MG Motor India said it has signed a strategic partnership with HSBC India, which would enable access to comprehensive and tailor-made financing solutions at competitive terms to the car maker's dealer partners.
Leasing the expertise of HSBC India will give us easy access to working capital for our dealer network", JSW MG Motor India said.
HSBC India provides varied and customized financing options, which will be provided to the partners because of this partnership. According to the company, therefore, this partnership with HSBC India will enhance operational efficiency, promote business sustainability, and foster long-term growth opportunities for the dealer partners.
The cooperation between HSBC and the company is a big step towards empowering its dealer partners further and another stride toward giving the best possible resources and support to dealer partners", said Satinder Singh Bajwa, Chief Commercial Officer at JSW MG Motor India.
"Our partnership with JSW MG Motor India is a strategic step forward in delivering financial solutions for the all-important channel partners. Our aim is to facilitate seamless access to financing and foster a conducive environment for them to respond more effectively to market demands", said Gaurav Sahgal, Country Head Business Banking, HSBC India.
