Jeep, Citroen to launch 12 new cars! Stellantis to invest Rs 4,000 Cr in India
Stellantis plans to invest approximately Rs 4,000 crore in India as part of its FaSTLAne 2030 strategy.
The investment aims to support the launch of 12 new products, enhancing its presence in the market.
Jeep will focus on premium SUVs while Citroen targets mainstream segments.
Localisation efforts will increase, aiming for 90% in vehicle production.
India will also play a significant role in Stellantis's export strategy.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on timesofindia.indiatimes.com — the content belongs to Times of India.
