Peugeot-Citroen plans to setup factory in Chennai

Shrawan

Shrawan Raja, I'm the Founder & CEO of IndianAutosBlog.com. I love teamwork and talking about cars.

citroen cactus

French auto major Peugeot-Citroen has firmed up plans to re-enter the Indian market which it exited in 90s after poor showing of its 309 and worker agitations at its factory in Maharashtra.

Peugeot-Citroen is studying the possibility of setting up a production facility in Chennai. If it finalizes plans, the state will provide home for two biggest French car brands.

Rajeev Ranjan, principal secretary, industries department, government of Tamil Nadu –

We are in discussions with the company. The plant would be located near Chennai. Everything is still at the discussion stage at this moment.

Peugeot-Citroen is exploring several opportunities from assembling imported units to setting up a full scale production line on the outskirts of Chennai city. The Chennai city outskirts already boasts of industry giants such as Ford, Hyundai, Mitsubishi, Renault-Nissan and BMW.

Chennai has pockets consisting of many suppliers. It also produces many engineers and diploma holders who are highly eligible for jobs in the automotive industry.

Source – ET

Contribute to IAB
Submit Spyshots & get Bragging rights! Click Here
Custom Mods on your ride? Get it featured on IAB Submit

Peugeot-Citroen News & Updates

Official: GM ties the knot with Peugeot-Citroen

GM and Peugeot intensify talks, Fiat-Chrysler still looking for partners

Peugeot-Citroen could partner with GM to take on the Germans

Peugeot-Citroen will follow the traditional ‘Top down’ product strategy in India

Peugeot Citroen finds a home in Gujarat, plans to spend 4000 Cr

PSA Peugeot Citroen chooses Tamil Nadu as its hometown