The Economic Times

Stellantis to invest 4,000 crore in India; launch 12 Jeep, Citron vehicles by 2030

Dutch carmaker Stellantis plans to invest 4,000 crore in India over the next three years. This investment aims to introduce seven new and five upgraded models under the Jeep and Citron brands. Stellantis seeks to triple its market share by 2030 while enhancing its manufacturing capabilities and localisation. Additionally, the company intends to expand its retail presence and strengthen brand awareness through various marketing initiatives.