French auto expertise supplier, Valeo on Wednesday stated it plans to invest more than €200 million within the subsequent two years (round ₹2,149.20 crore, topic to prevailing alternate charges), to considerably develop its industrial footprint in India.
The funding will allow Valeo to triple its gross sales in India to round €700 million by 2028, and will even assist put together for the following step of excessive progress past 2028, a high official on the firm advised reporters right here.
“The tempo of transformation within the Indian automotive sector is outstanding, pushed by a powerful concentrate on electrification, autonomous driving, and sustainable mobility. As India and France deepen their strategic partnership, Valeo continues investments in localisation, analysis and growth (R&D), and superior manufacturing to help India’s ambition to change into a world hub for next-generation automotive applied sciences,” Christophe Périllat, Chief Government Officer of Valeo, stated right here .
Périllat is a part of the French delegation who’ve include the President Emmanuel Macron to attend the India AI Influence Summit, and likewise numerous bilateral commerce agreements between the 2 international locations throughout this go to.
He stated the Valeo Group was leveraging the fast acceleration of electrification and synthetic intelligence (AI) applied sciences to serve the rising wants of each Indian and world authentic tools producers (OEMs).
Valeo’s technique is targeted on constructing sturdy competencies in new expertise merchandise in India whereas progressively growing localisation throughout manufacturing and operations, Périllat stated including that the Group is addressing the distinctive wants of each the passenger car and small mobility (two- and three-wheelers) markets.
The corporate has commissioned a brand new plant and devoted e-axle manufacturing strains at its Pune facility to help a significant electrification programme with Mahindra & Mahindra (M&M). Valeo has been chosen to provide electrical powertrains for a variety of automobiles underneath M&M’s ‘Born Electrical’ passenger car platform, together with on-board charger combo items for its electrical utility automobiles.
This strategic partnership represents a complete order worth shut to $1 billion and reinforces Valeo’s dedication to localisation and the expansion of India’s electrical mobility ecosystem, he added.
In the meantime, talking about AI-enabled applied sciences and companies, Périllat stated the corporate could be utilising the native graphic processing items (GPUs) for storing its information inside India.
Revealed on February 18, 2026
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