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Valeo to invest €200M in India by 2028, boosting electric vehicle tech and manufacturing.
French auto tech company Valeo plans to invest over €200 million in India by 2028, aiming to triple sales to €700 million and expand manufacturing and R&D, particularly in Pune and Chennai.
The move supports India’s electric mobility goals and includes a major partnership with Mahindra & Mahindra for electric powertrains under its 'Born Electric' platform, valued near $1 billion.
The investment reflects India’s growing role in Valeo’s global strategy amid strengthened India-France ties and a new EU-India trade agreement.
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Valeo invertirá 200 millones de euros en India para el año 2028, impulsando la tecnología y la fabricación de vehículos eléctricos.