Tata Motors Finance and CJ Darcl Logistics Ltd. Partner to Provide INR 125 Cr. Financing Facilities Limit

Tata Motors Finance has teamed up with CJ Darcl Logistics to offer INR 125 Cr. Limit for various facilities, including vehicle operating lease, invoice financing, and fuel financing. The operating lease facility will provide CJ Darcl Logistics with the necessary resources to strengthen its fleet capacity, enable it to deploy Tata Motors vehicles under its business, manage its fuel expenditure efficiently, streamline working capital, and meet the growing demand for its logistics service offerings. CJ Darcl Logistics has more than 2,800 customers across 5,000 locations in India. The company operates an asset-right model and holds the distinction of being the largest FTL Player in the country, possessing over 1,000 own vehicles and market fleet of over 8 lacs+ vehicles (hired or leased) to efficiently serve its clients. In addition, the company has a unique capability to provide transportation services through all modes of transport, including road, rail, air, and coastal, thus promoting both ecological and financial sustainability. The partnership with Tata Motors Finance is expected to further strengthen CJ Darcl Logistics’ financials, enhance its fleet capacity, and accelerate its business growth. The collaboration demonstrates Tata Motors Finance’s commitment to contribute to the growth narrative of key players in the logistics industry with innovative tailor-made capex and opex financing solutions. The partnership is said to pave the way for mutually beneficial opportunities and long-term success.