Stellantis gains full ownership of Indian JV and plans production surge
Stellantis has bought the remaining stake in its Indian joint venture with the CK Birla group, taking complete control of the Thiruvallur plant and targeting a rise to about 50,000 vehicles by 2027.
Stellantis finalized the acquisition of the CK Birla group's interest in Stellantis India Automobile Private Ltd, securing full control of the Thiruvallur manufacturing site in Tamil Nadu. The plant, which currently builds Citroën C3, ë-C3, C3 Aircross and Basalt models with more than 95 percent localisation, is set to increase output from about 18,000 units in 2026 to roughly 50,000 units by 2027, covering both Indian sales and exports.
CEO Shailesh Hazela highlighted that the expanded capacity will benefit from India's pending free-trade agreements and the region's robust logistics ecosystem. Full ownership is expected to streamline decision-making, accelerate new model introductions, and deepen the company's integration with its global network. Stellantis has invested over €1 billion in India, and the plant's workforce is projected to more than double, creating additional indirect jobs across the supply chain. The company views India as a strategic pillar of its worldwide growth strategy.
Why it matters
Full control lets Stellantis boost production, create jobs and strengthen India's role in its global export strategy.
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