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Stellantis, the Dutch automotive group, is considering further investments in India to expand its retail network and double exports, despite a current market share of under 1%.

Stellantis India CEO Shailesh Hazela has stated that Citroen will focus more on lower tier cities to grow across the country with a mix of small and large retail outlets.

Stellantis, a major European automaker, seeks a long-term stable policy framework across India to enhance its business strategies. The company aims for uniform policies in electric vehicles and taxation,

Amid the rising competition in the Indian Auto Market, Stellantis is considering a new round of investment in India.

"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 International. "We're accelerating entering into the Indian market," Xin told Reuters on the sidelines of the Shanghai auto show.

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Jeep-parent Stellantis named Tim Kuniskis head of American brands and North America marketing and retail strategy. Kuniskis will retain his position as CEO of the Ram brand, said the company.