French Auto Supplier Valeo Plans Major ₹2,150 Crore Investment in…

Sarah J · 2026-02-19T16:00:35.000Z

French automotive technology and parts maker Valeo has unveiled plans to dramatically deepen its footprint in India with a more than €200 million (around ₹2,150 crore) investment aimed at tripling its local sales and bolstering manufacturing, engineering and advanced mobility capabilities over the next few years. The announcement, made on the sidelines of the India AI Impact Summit 2026 in New Delhi and alongside President Emmanuel Macron’s visit, underscores India’s rising role in the global automotive supply chain and the acceleration of electrification and AI-led vehicle technologies. Under its global Elevate 2028 strategy, Valeo plans to more than triple its Indian revenue to about €700 million by 2028 from roughly €220 million today, with aspirations to eventually surpass €1 billion in India. The investment will be deployed across six existing production facilities in Chennai, Pune and Sanand and will broaden production lines for electrification components, advanced driver-assistance systems (ADAS) and other cutting-edge mobility technologies. A significant portion of the investment will support electrification programmes, including dedicated e-axle manufacturing lines at Valeo’s Pune plant and supply agreements with Mahindra & Mahindra for electric powertrains on its Born Electric platform a partnership valued at nearly $1 billion. Valeo is also expanding its reach into the electric two- and three-wheeler segments through collaborations with companies such as Atul Greentech and Honda Power Pack Energy India, combining battery technology with compact powertrain solutions. In the realm of vehicle safety and autonomy, Valeo is strengthening its ADAS production capabilities at its Sanand facility, adding camera production lines expected to begin operations by mid-2026 and enhancing its ultrasonic sensors and radar systems to meet growing demand from original equipment manufacturers (OEMs). Local R&D centres in Chennai and Bengaluru are also poised to play a major role in software development, AI-enabled engineering and product validation for both domestic and global programmes. Valeo’s strategy emphasises a “local-for-local” approach developing and manufacturing products in India for the Indian and export markets while deepening supply chain linkages with more than 200 local suppliers. With over 7,500 employees in the country and a strong engineering base, the company sees India as a “key pillar” of its global growth and innovation roadmap. Valeo’s expanded India programme is a compelling example of how established European industrial leaders are leveraging India’s technological momentum, engineering talent and market growth to scale advanced mobility solutions. The investment ties directly into sectors where startups on both continents are innovating - electric mobility, autonomous systems, automotive AI, advanced manufacturing and supply-chain tech. As vehicle electrification accelerates globally and partnerships between Indian OEMs and European suppliers grow, opportunities emerge for cross-regional collaboration, investment, R&D partnerships and ecosystem integration between European deeptech startups and Indian mobility innovators.

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French Auto Supplier Valeo Plans Major ₹2,150 Crore Investment in… | SEINET