Stellantis to invest ₹4,000 crore, launch 12 models in India by 2030

Stellantis, the multinational automotive manufacturer, has outlined an ambitious growth plan for India, committing ₹4,000 crore in fresh investment while planning 12 new model launches by 2030. The company aims to significantly expand its footprint in the Indian market, targeting a tripling of its current market share within the next six years as part of a broader Asia-Pacific strategy.

The investment programme will support the introduction of diverse vehicle offerings across Stellantis' portfolio brands operating in India, including Jeep and Citroën. Both marques are central to the company's expansion roadmap, with the strategy designed to address varying consumer preferences and price points across India's competitive automotive landscape.

Export operations constitute a key pillar of Stellantis' India strategy. The company expects export volumes for Jeep and Citroën models manufactured in India to double over the next four years, leveraging India's manufacturing capabilities and cost competitiveness to serve regional markets. This dual focus on domestic market penetration and export growth positions India as a strategic manufacturing hub within Stellantis' global operations.

The ₹4,000 crore investment will support capacity enhancement and product development initiatives as the company prepares for the planned model launches. The expansion reflects Stellantis' confidence in India's automotive market potential and its commitment to competing in a segment increasingly shaped by evolving consumer demands and regulatory requirements.