Stellantis CEO Carlos Tavares said he expects revenues in India to more than double by 2030 and operating profit margins to be in double-digits within the next couple of years.

Stellantis has less than 1% of India's car market of 3 million units a year but Tavares said he is not chasing volumes in India or globally. "We believe the world is changing and in some cases ...

Stellantis aims to generate 20 billion euros ($19.4 billion) in additional annual revenues by 2030 from its software-driven strategy. The new facility in India will be the main development centre ...

"With the size of the automotive market, India certainly has a lot of potential as well," said Tianshu Xin, head of China operations for Stellantis and CEO of its joint venture, Leapmotor ...

The entry of the Leapmotor brand in the market aligns with Stellantis' ambition to drive innovation and expand its EV footprint in one of the world's fastest-growing automotive landscapes.

Stellantis chief Carlos Tavares expects India to be a profitable market and a bigger growth opportunity than the carmaker previously expected as it faces challenges in countries such as China and ...

Stellantis chief Carlos Tavares expects India to be a profitable market and a bigger growth opportunity than the carmaker previously expected as it faces challenges in countries such as China and ...

NEW DELHI, May 18 (Reuters) - Stellantis chief Carlos Tavares expects India to be a profitable market and a bigger growth opportunity than the carmaker previously expected as it faces challenges ...