Stellantis to invest ₹4,000 crore in India, launch 12 Jeep, Citroën products by 2029
The investment will take Stellantis’ cumulative India commitment to ₹15,000 crore by 2030, with plans to target 90% localisation across both brands.
Stellantis India reported 35 per cent growth in its business in the second quarter of calendar year 2026 compared with the preceding quarter, while Citroën retail sales rose 68 per cent year on year.
Stellantis on Thursday announced fresh investments of approximately ₹4,000 crore in India and plans to introduce 12 products across its Jeep and Citroën brands over the next three years, as the automaker looks to expand its presence in the country's passenger vehicle market. Under its FaSTLAne 2030 roadmap , the company will launch seven all-new products and five major upgrades, spanning the B, C and D SUV segments, an MPV, an A-segment car and a premium pickup. The first product under the plan is scheduled to be launched by the second quarter of 2027. Advt
The investment will bring Stellantis' cumulative investment in India to approximately ₹15,000 crore by 2030, up from more than ₹11,000 crore. The product roadmap includes five launches under Jeep and seven under Citroën. The announcement comes amid improving business momentum. Stellantis India reported 35 per cent growth in its business in the second quarter of calendar year 2026 compared with the preceding quarter, while Citroën retail sales rose 68 per cent year on year. Tianshu Xin, Chief Operating Officer, Stellantis Asia-Pacific Region, said, “India has a dual role for Stellantis: it is an important market that we intend to grow in, and an increasingly significant capability base for the region and the wider Group.
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