Stellantis will invest approximately ₹4,000 crore (around 400 million euros) in India over the next three years starting 2027 to increase localisation, improve customer experience and launch 12 products — seven all-new models and five major upgrades — across its Jeep and Citroen brands, according to Shailesh Hazela, chief executive officer and managing director of Stellantis India. As reported by The Times of India, the company aims to triple its sales to about 45,000 units annually within the next three years, with the first of the 12 products scheduled for launch in the second quarter of 2027. The investment will be part of Stellantis' FaSTLAne 2030 roadmap, bringing the company's total investment in India close to ₹15,000 crore by 2030. The announcement comes amid improving business performance, with Stellantis India recording 35% growth in the second quarter of calendar year 2026 compared with the first quarter, while Citroen's retail sales increased by 68% in the second quarter of 2026 compared with the same period last year. Commenting on the announcement, Tianshu Xin, Chief Operating Officer, Stellantis Asia-Pacific Region, stated that "India is a long-term commitment for us, not just a volume chase. Under FaSTLAne 2030, our region-led model gives the India team greater ownership of decisions, and the roadmap we are announcing today reflects our long-term conviction in this market."
The 12-product roadmap will introduce seven new models across Jeep and Citroen brands, with Jeep getting five launches — one SUV each in B, C and D segments along with a D segment pickup, while Citroen will receive seven new models — one C segment SUV, D segment MPV, one A segment car and a premium pickup. Currently, Jeep has four models in India — Compass, Wrangler, Meridien and Grand Cherokee, while Citroen offers four models — C3, BasaltX, AircrossX and C5 Aircross. These launches will include CNG, hybrid and battery electric vehicles, with Citroen currently offering one electric model — e-C3X. The company plans to expand into Tier-II, Tier-III and selected Tier-IV markets with more focus on these cities. Under the FaSTLAne 2030 strategy, Jeep will focus on strengthening its presence in the premium SUV segment while expanding across multiple categories with new products and powertrain options, retaining its focus on off-road capability and SUV design. Meanwhile, Citroen will target mainstream and higher-volume segments with products focused on comfort, design and technology, aiming to reach a wider customer base through more accessible offerings suited to Indian buyers.
The investment will help Stellantis increase localisation in its Jeep vehicles from the current 70-75 per cent to around 90 per cent, while Citroen models currently maintain localisation levels of 90-95 per cent depending on the product. As per The Times of India, Hazela stated that the company is working on foundation including local engineering and local supply chain to achieve localisation of 90 per cent plus of what is produced in India. The ₹4,000 crore investment is over and above the ₹11,000 crore investment announced by Stellantis a few years ago, which has been used for development of Jeep, Citroen, and plants until now. The investment will focus on product development, localisation and customer experience. India is also expected to play a larger role in the group's export plans, with Stellantis currently exporting vehicles and components from India to around 50 countries, and approximately 95% of the engines and gearboxes manufactured at its Hosur facility are exported. The company plans to leverage its existing partnership with Tata Motors and local supplier networks to reduce costs and strengthen manufacturing capabilities.
Stellantis currently operates three manufacturing facilities in India — at Ranjangaon in Maharashtra and Thiruvallur and Hosur in Tamil Nadu — alongside engineering and software capabilities in Bengaluru, an ICT presence in Hyderabad and a growing domestic supplier ecosystem. Under FaSTLAne 2030, India-developed vehicles are planned for export as part of the Group's Asia-Pacific strategy, serving both domestic and international markets. The company currently exports Citroen vehicles to around five or six countries and Jeep vehicles to three countries, with plans to develop left-hand-drive versions enabling exports to more than 50 countries. Stellantis also exports engines and transmissions from India, including supplies to markets across Europe. Under the agreement, both companies will collaborate to develop vehicles for more than 50 global markets and manufacture them in India at Fiat India Automobiles Private Ltd, the 50:50 joint venture between Tata Motors PV and Stellantis.
Stellantis plans to offer internal combustion engine, hybrid, plug-in hybrid and battery-electric options, depending on customer demand and the economics of each product. As per The Times of India, Hazela stated that the company will give customers choices across segments and be ready to respond to demand based on their preferences. The company is considering further expansion into Tier-II, Tier-III and selected Tier-IV markets, with Hazela noting that customers increasingly expected frequent product and feature upgrades, alongside lower ownership costs including fuel consumption, servicing expenses, service quality and the time taken to get a vehicle serviced. Currently, Stellantis has over 300 sales and service touchpoints in India, with approximately 80 per cent of its dealer network operating under the Stellantis Brand House format, allowing dealers to sell and service both Jeep and Citroen vehicles at the same facility. The company is looking to expand its network further, with more focus in tier 2, tier 3 and tier 4 cities to reach wider customer base across India.
