Stellantis has announced the next phase of its FaSTLAne 2030 plan in India, moving from foundation to scale. Jeep and Citroen will launch 12 products in the next three years, including 5 Jeep and 7 Citroen products. Seven items are brand new products and five items are major upgrades. Covering B, C, and D-class SUVs, MPVs, A-class sedans, and high-end pickup trucks. The initial release is expected in the second quarter of 2027.
The company will invest approximately 40 billion rupees (approximately 400 million euros) over three years, taking its total investment in India to approximately 150 billion rupees by 2030. Stellantis said it has invested over Rs 11,000 crore. The company operates three plants at Ranjangaon in Maharashtra and Thiruvallur and Hosur in Tamil Nadu, with engineering and software work in Bengaluru and ICT business in Hyderabad.
Stellantis said that its Indian business increased by 35% in the second quarter of 2026 compared with the first quarter, and Citroen’s retail sales increased by 68% compared with the same period last year. The new product portfolio will follow a multi-energy approach, including petrol and diesel engines, hybrid, plug-in hybrid and battery electric models, selected based on customer demand, affordability and infrastructure. Stellantis aims to achieve 90% localization of both brands and plans to expand its network to include Brand House stores in secondary, tertiary and quaternary markets. It exports from India to about 50 countries, of which about 95% of the engines and gearboxes manufactured in Hosur are exported.
Mr Xin Tianshu, chief operating officer of Stellantis Asia Pacific, called India “a long-term commitment, not just chasing sales”. Mr. Shailesh Hazela, CEO and Managing Director of Stellantis India, said the company’s commitment will be measured by its on-road products.