Economy
Stellantis to Invest Four Thousand Crore Rupees in India

Stellantis to Invest Four Thousand Crore Rupees in India

The Hindu1h
THE BRIEF
1

Automaker Stellantis will invest an additional four thousand crore rupees in India and launch 12 products over the next three years to triple its market share by 2030.

2

The product rollout will comprise seven all-new models and five major upgrades, focusing heavily on localization and customer experience.

3

The company aims to increase its export share from manufacturing output to 60 percent by 2030, up from about 30 percent currently.