Dear Dealer Friends,

I express my warm greetings to you as we journey into a new year financial year brimming with opportunities.

As we bid adieu to the year gone by, I take this moment to reflect on our collective accomplishments and express my gratitude for the relentless efforts and significant contributions you've made over the past 12 months, particularly in shaping the outcomes of the last quarter.

Guided by our core ethos of 'Winning Together’, the business milestones achieved, and synergies built in the preceding year have laid a robust foundation for our symbiotic growth in the year ahead.

The new year presents numerous opportunities, but it also demands meticulous planning to navigate through market uncertainties and effectively balance the fluctuations of yield curve.

For India, this year is significantly marked by elections as its subsequent outcomes will hold the key to shape the BFSI, NBFC, digital lending, and financing landscape for next five years. The following policy orientation adopted by the elected government towards infrastructure development, logistics, agriculture, and auto manufacturing will play a pivotal role in directly influencing the growth prospects for the commercial vehicle ecosystem.

For Tata Motors Finance, the journey through the year will be underlined by significant strides in digital transformation, an unwavering commitment to customer-centricity, excellence in quality sourcing - marking our future growth trajectory.

In the year ahead, our commitment is to further fortify our market position as the "preferred partner" and "financier of first resort" in the industry.

Lastly, I extend my deepest appreciation for the trust and commitment you have placed in us and wish you a highly rewarding 2024 year, filled with success, prosperity, and personal fulfilment.

As Henry Ford once rightly said, "If everyone is moving forward together, then success takes care of itself."

Kind regards,
Samrat Gupta
MD & CEO,
Tata Motors Finance