Piaggio Vehicles and Hinduja Leyland Unveil Financial Collaboration
Piaggio Vehicles Pvt Ltd (PVPL) has declared a collaboration for retail financing with Hinduja Leyland Finance (HLF). The partnership seeks to simplify vehicle financing and expedite ownership of Piaggio’s lineup of three-wheelers, encompassing both Electric and Internal Combustion Engine (ICE) variants, nationwide.
The contract was executed by Diego Graffi, Chairman and Managing Director, PVPL, along with Sachin Pillai, Managing Director & CEO, HLF.
Through this strategic partnership, HLF will offer tailored financing options for all Piaggio three-wheeler models, making them accessible to both individual entrepreneurs and fleet operators. The alliance merges Piaggio’s reliable product range with HLF’s customized financial services to improve affordability and simplify ownership.
Diego Graffi, CMD, PVPL says, “India’s mobility landscape is evolving rapidly. From small entrepreneurs to fleet operators, a new class of owners is emerging, and they need financing that understands their realities. With this partnership, Piaggio and Hinduja Leyland Finance are bringing together the strength of two trusted brands to make vehicle ownership simpler, faster, and more accessible. Together, this collaboration can enable progress powered by mobility that people can truly call their own.”
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Sachin Pillai, MD & CEO, HLF says, “This partnership brings together our expertise in vehicle financing and Piaggio’s strong presence in the three-wheeler segment to help customers acquire and manage their vehicles efficiently.”
“Leveraging our extensive network across India, we aim to provide financing solutions that support last-mile connectivity, asset ownership, and income generation. By combining our financing reach with Piaggio’s diverse product offerings, we are making three-wheeler ownership more accessible through a customised, customer-friendly process,” adds Sachin.
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This partnership reinforces Piaggio India’s commitment to strengthening its market leadership by offering affordable, inclusive, and accessible mobility solutions across the country.