Stellantis takes full control of Thiruvallur plant, targets 43,000+ annual units by 2028
Stellantis India has acquired CK Birla Group’s remaining stake in its Thiruvallur vehicle plant. The company plans to scale output from 16,000 units in 2026 to more than 43,000 by 2028, backed by further localisation and investment.
What happened
Stellantis India acquired CK Birla Group’s remaining stake in its Indian vehicle unit, taking full control of the Thiruvallur plant. It plans to raise annual
Key facts
- 100% ownership acquired
- Over 95% localisation
- Over €1 billion invested in India
- Production targeted to rise over 160%
- More than 43,000 units annually by 2028
What changed
Stellantis India acquired CK Birla Group’s remaining stake in its Indian vehicle unit, taking full control of the Thiruvallur plant. It plans to raise annual output from 16,000 units in 2026 to over 43,000 by 2028, supported by deeper localisation and investment.
Why this matters
Full ownership of Thiruvallur gives Stellantis tighter control over production, localisation and capacity planning as annual output is targeted to exceed 43,000 units by 2028.
What to watch
- Specific investment amount, new assembly lines and localization percentage disclosed for Thiruvallur.
- Model-by-model production allocation, especially EV, hybrid, compact SUV and export-oriented vehicles.
- Monthly wholesales, dealer inventory and retail registrations for Citroen and Jeep in India.
- New dealer openings, dealer closures, discounting intensity and residual-value trends.
- Supplier announcements around Chennai and evidence of battery, powertrain or electronics localization.