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The Economic Times
The Economic Times
Business

Stellantis takes full ownership of Thiruvallur plant; targets 160 pc production ramp-up by 2027

Stellantis India Tamil Nadu Citroen

New Delhi: Stellantis India has taken full ownership of the manufacturing operations in Thiruvallur, Tamil Nadu and is targeting a production ramp-up from 18,000 units in 2026 to more than 50,000 units annually by 2027.

According to a company statement, Stellantis India has acquired the remaining stake in Stellantis Automobiles India Pvt Ltd from Hindustan Motor Finance Corporation Ltd, a CK Birla Group company.

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