Tata Motors, India’s largest commercial vehicles manufacturer  and Microlise, one of Europe's leading Telematics and Fleet Management solutions providers, today announced their partnership to bring in the latest global Fleet Telematics solutions to the Indian Market.

The agreement, signed for an initial period of 5 years, envisages both partners utilising their core strengths to deliver Fleet Management services of unprecedented quality, reliability and range to the Indian Transport Industry through the Tata Fleetman platform. While Microlise will provide thetechnology and solutions, Tata Motors will integrate them in its commercial vehicles and utilise its vast experience and reach for service delivery. The services will be marketed through OE fitment as well as through the aftermarket route.

Commenting on the occasion, Ravi Pisharody, executive director commercial vehicles business Unit, Tata Motors, said, ''As the leading commercial vehicle manufacturer in India, we have been spearheading the change in the Indian Transport Industry for many years now. We as Tata Motors wish to lead the shift towards electronic control of drivelines and other vehicle systems.We also wish to harness the power and potential of such a digital approach by introducing advanced Telematics and Fleet Management services. Tata FleetMan's partnership with Microlise is a step in that direction. We firmly believe that this association has the potential to transform the way commercial vehicle fleets are managed in India.''

Shares of the company gained Rs 2.4, or 0.47%, to settle at Rs 516.50. The total volume of shares traded was 247,561 at the BSE (Friday).