Major Investment Signals Long-Term Commitment to India
French automotive supplier Valeo has announced plans to invest more than €200 million in India over the coming years to expand its engineering, manufacturing, and localisation capabilities. The investment aims to help the company triple its India revenue to around €700 million by 2028, reinforcing the country’s role in Valeo’s global growth strategy.
The announcement comes during French President Emmanuel Macron’s India visit, which is expected to strengthen trade and industrial cooperation between the two countries.
Focus on Electric Vehicles and Advanced Mobility Solutions
Valeo said it is building strong capabilities in new-technology automotive components, particularly electric vehicle systems and mobility solutions. The company is increasing localisation across manufacturing and operations to meet India’s growing demand in passenger vehicles and small mobility segments.
Valeo has also secured a strategic contract to supply electric powertrains for vehicles under the “Born Electric” platform of Mahindra & Mahindra, with total order value close to $1 billion. This partnership highlights Valeo’s growing role in India’s electric mobility transition.
India Emerging as Key Global Engineering and Manufacturing Hub
Valeo CEO Christophe Perillat said India is a key pillar of the company’s global growth and innovation roadmap, with plans to expand engineering centres and industrial operations in the country.
The investment aligns with broader efforts to strengthen EU–India industrial collaboration and reflects India’s rising importance as a global hub for automotive innovation, localisation, and electric vehicle manufacturing.
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