What is Valeo's investment plan for India?

Valeo plans to invest over 200 million euros in the coming years to expand its presence in India.

What sales target does Valeo have for India by 2028?

Valeo aims to triple its sales in India to approximately 700 million euros by 2028.

What partnership does Valeo have with Mahindra & Mahindra?

Valeo will supply electric powertrains for Mahindra's 'Born Electric' passenger vehicle platform, a deal valued at close to $1 billion.

Home / Business and Economy / Valeo Invests Heavily in India, Tripling Sales Goal

Valeo Invests Heavily in India, Tripling Sales Goal

18 Feb

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Summary

Valeo plans over 200 million euros investment in India.
The company aims to triple India sales to 700 million euros by 2028.
Valeo secures nearly $1 billion order for electric powertrains from Mahindra.

Valeo Invests Heavily in India, Tripling Sales Goal

Valeo, a French automotive supplier, has unveiled substantial plans to bolster its operations in India, coinciding with French President Emmanuel Macron's visit. The company intends to invest more than 200 million euros in the coming years to expand its footprint.

These investments are strategically aimed at tripling Valeo's sales in India, targeting approximately 700 million euros by the year 2028. A significant part of this expansion includes a new partnership with Indian manufacturer Mahindra & Mahindra.