Valeo’s ₹2,150 Crore India Play: Tripling Growth by 2028

Valeo has announced plans to invest over €200 million (approximately ₹2,149.20 crore, subject to prevailing exchange rates) in India over the next two years to significantly expand its industrial footprint in the country.

The company said the investment is aimed at tripling its India sales to around €700 million by 2028, positioning Valeo for sustained high growth beyond that period, a senior official told reporters.

Christophe Périllat, Chief Executive Officer of Valeo, highlighted the rapid transformation of India’s automotive sector, driven by electrification, autonomous driving, and sustainable mobility. He noted that as India and France strengthen their strategic partnership, Valeo is accelerating investments in localisation, research and development (R&D), and advanced manufacturing to support India’s ambition of becoming a global hub for next-generation automotive technologies.

The move underscores Valeo’s long-term commitment to deepening its presence in India’s evolving automotive market and advancing the adoption of cutting-edge mobility solutions.

News by Rahul Yelligetti.