Stellantis is preparing for an expansion of its India-based manufacturing output as the automaker works toward a component export target of INR 100 billion for 2026. The company is looking to scale the contribution of Indian suppliers, who currently ship components worth INR 40 billion annually to its global operations.
According to a report in the Economic Times, Stellantis aims to reach the higher export value through its supplier ecosystem by next year. The company has invested about INR 110 billion in India, where it manufactures vehicles under the Citroen and Jeep brands and operates facilities in Tamil Nadu and Karnataka.
The company said its India-based engineering teams number more than 4,000 employees. The group runs three plants in the country, including a major component hub in Hosur, Tamil Nadu. The Hosur plant, which exports about 95 percent of its output, has an installed capacity of 300,000 engines and 374,000 gearboxes annually. It supplies markets in Europe and South America for brands such as Peugeot, Opel and Maserati.
In addition to components shipped through Stellantis channels, several suppliers export directly owing to warehouse infrastructure in the United States and Europe, the Economic Times report stated. The Indian automotive market remains dominated by Japanese and Korean manufacturers, with industry-wide sales of 4.2 million units recorded in 2024.
Stellantis exported 10,000 fully built vehicles from India in 2024, along with 300,000 engines and powertrains. India currently accounts for about 2 percent of the group’s global sales volume, which stands between five million and six million units.
Stellantis is a multinational automotive group that owns brands including Fiat, Jeep, Chrysler and Peugeot.
