Mumbai, 06th February 2026: Tata International Limited (TIL) today announced that it has entered into a joint venture with Mercuria Energy Group, one of the world’s largest integrated energy and commodities groups, to expand its global trading businesses across multiple commodities, including energy, metals, agricultural products, oil and gas, and environmental products. The proposed joint venture will become operational following receipt of the necessary regulatory approvals.
The new company will leverage Tata International’s long-standing footprint, trust, relationships, and operating legacy across global markets, combined with Mercuria’s scale, advanced trading platforms, technology-led risk management tools, and international commodity expertise. Together, the joint venture aims to deliver reliable, high-quality trading and supply chain solutions, creating greater value for customers and stakeholders.
The joint venture will enable trade of a diversified basket of commodities in international markets, drawing on the complementary product and geographical strengths of both parent companies. It is also expected to support the development of Mercuria’s trading activities in India and internationally, significantly expanding the platform’s presence and scale.
Commenting on the development, Mr. Noel N. Tata, Chairman, Tata International Limited, said, “We are looking forward to this partnership and are immensely excited about the multi-fold opportunities that open up in global trading. By combining Tata International’s reach and credibility with Mercuria’s global capabilities, we believe the joint venture is well-positioned to build a high-quality, scalable, and compliant trading platform.”
India represents a compelling long-term opportunity within global trade. Our partnership with Tata International creates a robust platform to expand across priority products and geographies, while leveraging Mercuria’s global trading, risk management, and technology capabilities to support the continued development of markets,” said Mr. Marco Dunand, Chief Executive Officer of Mercuria.
The joint venture reflects both companies’ shared commitment to responsible growth, strong governance, and the development of a globally competitive trading franchise from India.
Tata International is the global trading and distribution arm of the Tata Group. With a network of offices and subsidiaries spanning more than 29 countries across Africa, Europe, the Middle East, Latin America, and Asia, Tata International operates across five key business verticals.
Supported by global sourcing and deep market knowledge, Tata International has a commodity trading business across 50 countries. Tata International is the leading distributor of Tata Motors vehicles in the African continent with operations in more than 12 countries. Tata International is India’s leading exporter, manufacturer, and supply chain integrator of Finished Leather and Footwear with exports to over 35 countries. Through subsidiaries and joint ventures worldwide, Tata International also has business interests in bicycles, bus body building, and vehicle assembly.
Mercuria is one of the world’s leading independent energy and commodities companies. Founded in Geneva, Switzerland, Mercuria operates globally with activities across more than 50 countries. The company is active across the energy value chain, including crude oil, refined products, natural gas, LNG, power, renewable energy, and metals. Mercuria is recognized for its strong focus on risk management, compliance, operational excellence, and its commitment to supporting the global energy transition through investments in transitional and renewable energy solutions.
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