'India-UK FTA a surprise help to Stellantis'
Financial Express Pune
|September 06, 2025
Five years since entering the Indian market, carmaker Stellantis is gearing up to add more products, expand its reach, and step up production.
Shailesh Hazela, MD and CEO, Stellantis India, spoke to Swaraj Baggonkar on the sidelines of the launch of the Basalt X, priced at ₹7.95 lakh, about the company's plans. Excerpts:
Despite having two globally popular brands—Citroen and Jeep—Stellantis has been very slow in the Indian market. Why is that so?
India is a tough market to enter. Every company in the past went through the cycle. We are learning too. We have been here for the past five years. We have seen the customer preferences changing very quickly.
Can you elaborate on that?
यह कहानी Financial Express Pune के September 06, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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