The agreement was signed between Mr. Diego Graffi, Chairman and Managing Director, PVPL, and Mr. Sachin Pillai, Managing Director & CEO, HLF.
26 Aug 2025 | 1697 Views | By Akbar Merchant
Piaggio Vehicles Pvt Ltd (PVPL) has announced a retail finance partnership with Hinduja Leyland Finance (HLF). The collaboration aims to streamline vehicle financing and accelerate ownership of Piaggio’s range of three-wheelers, including both Electric and Internal Combustion Engine (ICE) models, across the country.
The agreement was signed ...
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Piaggio Vehicles Pvt Ltd (PVPL) has announced a retail finance partnership with Hinduja Leyland Finance (HLF). The collaboration aims to streamline vehicle financing and accelerate ownership of Piaggio’s range of three-wheelers, including both Electric and Internal Combustion Engine (ICE) models, across the country.
The agreement was signed between Mr. Diego Graffi, Chairman and Managing Director, PVPL, and Mr. Sachin Pillai, Managing Director & CEO, HLF.
As part of this strategic alliance, HLF will provide customized financing solutions for all Piaggio three-wheeler models, ensuring accessibility for individual entrepreneurs as well as fleet operators. The partnership combines Piaggio’s trusted product portfolio with HLF’s tailor-made financial services to enhance affordability and ease of ownership.
Speaking on the occasion, Mr. Diego Graffi, CMD, PVPL, said:
“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.”
Echoing his views, Mr. Sachin Pillai, MD & CEO, HLF, said:
“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.”
This partnership reinforces Piaggio India’s commitment to strengthening its market leadership by offering affordable, inclusive, and accessible mobility solutions across the country.