Maruti Suzuki partners with HSBC India for dealer inventory funding

13 Nov 2024 CW Team

Maruti Suzuki India has signed an agreement with HSBC India to provide inventory funding solutions for its dealer network. This partnership aims to support over 4,000 Maruti Suzuki sales outlets nationwide by offering tailored financing options to meet working capital needs.

Partho Banerjee, Senior Executive Officer of Marketing & Sales at Maruti Suzuki India, highlighted that the collaboration with HSBC India is focused on innovative financing solutions to enhance inventory funding for dealer partners. HSBC India's Head of Commercial Banking, Ajay Sharma, added that the partnership combines Maruti’s industry insight with HSBC’s financial expertise, offering dealers comprehensive support at each stage of their growth.

(ET)

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