• Home
  • About Us
  • Anti Spam Policy
  • Contact
  • Cookie Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
Tech News, Magazine & Review WordPress Theme 2017
  • Home
  • Digital Marketing
  • Tech Updates
    • Science
    • Auto Mobile
  • GADGETS
    • Computers
    • Laptops
    • Cell Phone
  • Software
    • Operating system
    • Apps
    • Data Recovery
  • Personal Tech
No Result
View All Result
  • Home
  • Digital Marketing
  • Tech Updates
    • Science
    • Auto Mobile
  • GADGETS
    • Computers
    • Laptops
    • Cell Phone
  • Software
    • Operating system
    • Apps
    • Data Recovery
  • Personal Tech
No Result
View All Result
I Suggi
No Result
View All Result
Home Auto Mobile

CITROEN AUTOMOBILE BRAND TO BE LAUNCHED IN INDIA, FIRST OFFERING TO ARRIVE BY MID-2021

Wilbert Doyle by Wilbert Doyle
February 25, 2025

PSA Group, the determined organization of Peugeot and Citroen, has confirmed that the latter brand will be launched in India. This was introduced in the organization’s presentation of the FY2018 economic result and is part of the PSA’s strategic plan Push to Pass, which will be followed from 2019 to 2021. It has also been confirmed that the primary Citroen to go into the Indian marketplace may be launched before the giving up of 2021 after releasing a powertrain production. The famous French vehicle logo Citroen turned into the setup in 1919. The company has bought over 1.05 million automobiles in over 90 markets. The employer also mentions that the sales of its worldwide models have been boosted with higher degrees of localization.

AUTOMOBILE

2017, the PSA group partnered with C.K. Birla Group through two joint agreements. First, the PSA Group will hold a majority proportion in a joint task corporation. This is being set up with Hindustan Motor Finance Corporation Limited (HMFCL), a subsidiary of the C.K. Birla Group. This company will manage the assembly and distribution of PSA’s passenger vehicles in India. The 2d agreement is that the PSA Group and AVTEC Ltd (any other subsidiary of the C.K. Birla Group) will input a 50-50 joint venture to fabricate and supply powertrains.

The business enterprise had stated that the initial funding in capital expenditure could be close to? One hundred million (Rs seven hundred crores) will be spent on the production plants in Tamil Nadu. The preliminary production capability will be set at around 1,00,000 lakh gadgets in line with a year. However, the company will ultimately invest in increments to ramp up the capacity. The respectable launch mentions that the Group intends to “be Indian in India” and will manufacture automobiles and powertrains in Tamil Nadu and carry nation-of-the-art technology for a new green product range.

“This undertaking is to be completely included in India with a complete surrounding, including local manufacturing of vehicles and powertrains, distribution of cars and services, and for the complete Group. Today’s milestone represents a substantial step to meet customers’ expectations in India soon,” commented Emmanuel Delay, govt vice president, Head, India-Pacific Region’;

“Announcement of Citroen emblem for our automobile J.V. in India, quickly after the inauguration of the powertrain J.V. greenfield facility at Hosur in overdue 2018, is the main milestone for the long-time period partnership of PSA Groupe and C.K. Birla Group. It is, in reality, an exciting brand for the Indian purchasers in search of international eco-friendly merchandise designed for and made in India with precise styling and luxury,” said C.K. Birla, Chairman CK Birla Group of Companies.

Previous Post

Drug, alcohol rehabilitation must address high costs

Next Post

Automobile Sensors Market Is Expected to Reach USD 50 Billion Augmenting at a CAGR 8.9% by the Year 2025

Wilbert Doyle

Wilbert Doyle

I am a technology freak, I love new technologies and gadgets. I am always ready to learn new things, so I can share this knowledge with other people. and I am really happy when people like my blogs.

Next Post
Automobile Sensors Market Is Expected to Reach USD 50 Billion Augmenting at a CAGR 8.9% by the Year 2025

Automobile Sensors Market Is Expected to Reach USD 50 Billion Augmenting at a CAGR 8.9% by the Year 2025

No Result
View All Result

Recent Posts

  • Deaf Awareness Week: How tech companies want to make the world more accessible for deaf people
  • With Amazon, Skip the Buffett Letter for the Bezos Letter
  • Google’s next move: Is Apple CarPlay officially over?
  • A Class Action Lawsuit has been filed against Apple in Illinois Regarding the iPhone 7 issue known as the ‘Audio IC Defect’
  • GPS stalkers, lethal cell phones, incognito issues, and more: Tech Q&A

Categories

  • Apps
  • Auto Mobile
  • Cell Phone
  • Computers
  • Data Recovery
  • Digital Marketing
  • GADGETS
  • Laptops
  • Operating system
  • Personal Tech
  • Science
  • Software
  • Tech Updates
  • Home
  • About Us
  • Anti Spam Policy
  • Contact
  • Cookie Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions

Copyright ©2025 iSuggi -All Rights Reserved

No Result
View All Result
  • Home
  • Digital Marketing
  • Tech Updates
    • Science
    • Auto Mobile
  • GADGETS
    • Computers
    • Laptops
    • Cell Phone
  • Software
    • Operating system
    • Apps
    • Data Recovery
  • Personal Tech

Copyright ©2025 iSuggi -All Rights Reserved