Tata Motors Finance Partners with CJ Darcl Logistics Ltd. to Offer INR 125 Cr. for Diverse Financing Facilities
With the help of the operating lease facility, CJ Darcl Logistics Ltd. will be able to increase its fleet capacity, reduce its fuel costs, improve the efficiency of its working capital, and keep up with the rising demand for its logistics services.
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New Delhi: Tata Motors Finance, has partnered with CJ Darcl Logistics Ltd, a market leader in multimodal logistics solutions, to provide the latter with a 125 Cr. Limit across a number of financing products, including vehicle operating lease, invoice financing, and fuel financing.
With the help of the operating lease facility, CJ Darcl Logistics Ltd. will be able to increase its fleet capacity, reduce its fuel costs, improve the efficiency of its working capital, and keep up with the rising demand for its logistics services.
Chairman & Managing Director of CJ Darcl Logistics Ltd., Krishan Kumar Agarwal, had this to say about the new partnership: “Our collaboration with Tata Motors Finance is a strategic move that will enable us to further strengthen our financials, enhance our fleet capacity, and accelerate business growth. We’re certain that the two of us working together will open doors for growth and prosperity for both of us.
Tata Motors Finance MD & CEO Samrat Gupta emphasised the importance of the partnership and its potential for good change. When asked about his company’s cooperation with CJ Darcl Logistics Ltd., he responded, “Our partnership with CJ Darcl Logistics Ltd. is in line with our commitment to actively contribute to the growth narrative of key players in the logistics industry with innovative tailor-made capex and opex financing solutions.” As a result of strong leadership, solid foundations, and a clear purpose, CJ Darcl Logistics Ltd has grown into a competitive industry competitor throughout the years. Our all-inclusive loan package is designed to help CJ Darcl Logistics Ltd. provide first-rate service to their clientele and reach their financial objectives.
CJ DARCL Logistics caters to a wide-ranging clientele of more than 2,800+ customers, spanning over 5,000 locations on a nationwide scale, through a network of 200+ offices. The company operates on 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. The company has a unique capability to provide transportation services through all modes of transport road, rail, air, and coastal, thus promoting both ecological and financial sustainability. CJ DARCL Logistics is presently striving towards the status of a full-stack logistics enterprise and has expanded its operations into diverse fields such as Multimodal, Project Cargo, Air Cargo, Warehousing.
About Tata Motors Finance:
Tata Motors Finance Limited (TMFL) is the leading and most preferred financial Institution engaged in financing the entire range of Tata Motors Commercial Vehicle. It is a non-deposit taking systemically important (ND-SI) NBFC. TMFL is one of the pioneers of vehicle financing established way back in 1957 under a different name. The company has a strong footprint across India and operates through its own 350+ branch networks, in addition to Tata Motors dealers’ sales outlets. TMFL’s business interests are focused on benefiting the parent company and its strategic partners within the Tata Motors eco-system.
To learn more visit www.tmf.co.in
Tata Motors Finance Corporate Communications: Please mail us at corporatecommunication@tmf.co.in or call +91 22 6181 5400.
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