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Stellantis to invest ₹4,000 cr, plan 12 India launches, triple market share by 2030

Jeep and Citroën’s export share is expected to double over the next four years.

Stellantis to invest ₹4,000 cr, plan 12 India launches, triple market share by 2030

Stellantis, the global automaker behind brands including Citroën and Jeep, has announced plans to invest ₹4,000 crore in India and launch 12 new products over the next three years. The company aims to triple its market share in the country by 2030, with the expanded portfolio offering "Indian customers more relevant choices". The investment, in addition to the already committed ₹11,000 crore, will focus on localisation and customer experience, with Jeep and Citroën introducing new models and upgrades to their existing product lines.

Brief written by urgent.news from The Hindu's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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