FORVIA is making a bold statement about India's role in the future of mobility. The global automotive tech powerhouse—born from Faurecia and HELLA—is deploying €200 million (~₹2,000 crore) into the Indian market by 2030, with a clear objective: supercharge its regional revenue from €450 million to past the €1 billion mark.
Driven by an 11% annual growth rate that outpaces the local market, FORVIA's presence in India spans clean mobility systems, cockpit tech, advanced lighting, and seating for top automakers like Tata, Maruti Suzuki, Toyota, and Volkswagen Group. CEO Martin Fischer highlighted that expanding local footprint and driving localized tech development aren't just market moves—they are essential steps in securing FORVIA's long-term global growth.
News by Rahul Yelligetti.