Stellantis takes full control of Thiruvallur plant, targets 50,000+ vehicles by 2027
Stellantis India has acquired 100% ownership of its Thiruvallur manufacturing plant from CK Birla Group’s Hindustan Motor Finance Corporation. The company plans to raise annual production from 18,000 units in 2026 to more than 50,000 by 2027, supported by new products, localisation and investment.
What happened
Stellantis India acquired full ownership of its Thiruvallur plant from CK Birla Group's Hindustan Motor Finance and plans to lift annual output above 50,000
Key facts
- 100% ownership of Stellantis Automobiles India
- Production target rises from 18,000 units in 2026 to over 50,000 annually by 2027
- Over 160% production ramp-up
- Direct workforce projected to more than double from 610 employees in 2026
- Over 95% localisation
What changed
Stellantis India acquired full ownership of its Thiruvallur plant from CK Birla Group's Hindustan Motor Finance and plans to lift annual output above 50,000 vehicles by 2027, supported by FDI, localisation and new product investments.
Why this matters
Stellantis’ full ownership of the Thiruvallur plant gives it greater control over localisation, product launches and capacity as it targets a near-tripling of annual output by 2027.
What to watch
- Timing, model mix and investment value of new vehicle launches allocated to Thiruvallur.
- Monthly wholesales, retail registrations and dealer inventory days for Citroen and Jeep in India.
- Local-content targets and supplier contracts for batteries, electronics, engines and stampings.
- Dealer network additions, closures and retail-service expansion.
- Export allocation from the plant and port/logistics investments in Tamil Nadu.