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Stellantis to Invest Rs 4000 Crore and Launch 12 Models in India by 2029
M
Moneycontrol•15-10-2026, 18:18
Stellantis to Invest Rs 4000 Crore and Launch 12 Models in India by 2029
- •Stellantis plans to invest an additional Rs 4,000 crore in India over the next three years as part of its FaSTLAne 2030 strategy, bringing its total investment to around Rs 15,000 crore by 2030.
- •The automaker will launch 12 new products across the Jeep and Citroen brands, consisting of seven all-new models and five major upgrades, starting in the second quarter of 2027.
- •The upcoming vehicle lineup will feature SUVs across B, C, and D segments, an MPV, an entry-level A-segment car, and a premium pickup truck with diverse powertrain options including ICE, hybrids, and EVs.
- •Citroen will focus on mainstream high-volume segments while Jeep targets the premium SUV market, with a strong target to achieve 90% localization across both brands.
- •India will serve as an increasingly important manufacturing, engineering, and export base, with Stellantis currently exporting vehicles and components to around 50 countries.
Key Questions Answered
Stellantis plans to invest an additional Rs 4,000 crore in India over the next three years as part of its FaSTLAne 2030 strategy, bringing its total cumulative investment to around Rs 15,000 crore by 2030.
The company will launch 12 products across the Jeep and Citroen brands, consisting of seven all-new models and five major upgrades. Specifically, five launches will be under Jeep and seven under Citroen.
Stellantis aims to increase localisation to 90% across both Jeep and Citroen by leveraging India's supplier and engineering ecosystem. The company currently operates three manufacturing facilities in Ranjangaon and Tamil Nadu, utilizing India as a vital export and engineering base.
