Stellantis takes full control of India JV, targets 50,000-unit output by 2027
Stellantis has acquired CK Birla Group’s remaining stake in Stellantis India Automobile, gaining full ownership of the Thiruvallur Citroën plant. The company plans to lift annual production from about 18,000 units in 2026 to roughly 50,000 in 2027, supporting new launches, domestic sales and exports.
What happened
Stellantis India · Stellantis acquired CK Birla Group’s remaining SIAPL stake, taking full control of its Thiruvallur Citroën plant. It plans to nearly triple
Key facts
- 100% ownership of Stellantis India Automobile Private Ltd (SIAPL)
- Production planned to rise from around 18,000 units in 2026 to around 50,000 units in 2027
- Over 95% localisation at the Thiruvallur plant
- Over €1 billion invested in India
- Close to ₹11,000 crore invested in India
What changed
Stellantis acquired CK Birla Group’s remaining SIAPL stake, taking full control of its Thiruvallur Citroën plant. It plans to nearly triple annual output to about 50,000 units by 2027, supporting domestic sales, exports, localisation and new-model launches.
Why this matters
Full ownership of the Thiruvallur plant gives Stellantis tighter control over capacity, localisation and launch execution as it scales output toward 50,000 units in 2027.
What to watch
- Model-by-model production allocation and launch timing for Thiruvallur.
- Monthly wholesales versus dealer registrations and inventory days for Citroën and Jeep in India.
- New export destination announcements, homologation filings and port/shipping activity.
- Dealer network additions, closures and service-footprint expansion.
- Evidence of deeper localisation, including supplier investments and locally assembled powertrains or battery components.