π Stellantis goes full ownership of Thiruvallur plant
Stellantis has taken full ownership of the Thiruvallur plant in India. This move involves the company operating the facility in the Thiruvallur area. The plant's output is projected to jump by over 160% starting from the near future. This acquisition is part of Stellantis's larger expansion strategy in the Indian automotive market. The company is expected to ramp up production significantly in the coming months. π