Valeo announced on February 18, 2026, during the AI Impact Summit in New Delhi (February 16–20, 2026), plans to invest more than €200 million (approximately ₹2,149.20 crore, subject to exchange rates) in the coming years to expand its industrial footprint in India. This forms part of the company's Elevate 2028 strategic plan.
The investment aims to triple Valeo's sales in India to around €700 million by 2028 and prepare for further high growth beyond that year. It leverages the acceleration of electrification and AI technologies to serve Indian and global original equipment manufacturers (OEMs).
Christophe Périllat, CEO of Valeo, stated that India is a key pillar of the company's global growth and innovation roadmap, with commitments to expand engineering centers and industrial presence. He noted the rapid transformation in India's automotive sector, driven by electrification, autonomous driving, and sustainable mobility, amid deepening India-France strategic ties. Valeo continues investments in localization, R&D, and advanced manufacturing to support India's goal of becoming a global hub for next-generation automotive technologies.
Jayakumar G, Group President & Managing Director, Valeo India, said India remains strategic for manufacturing and advanced engineering. The focus includes localization of products such as e-axles and combo units (integrated onboard charger, DCDC converter, PDU) for electrified vehicles, along with ADAS work, to support customer programs and India's xEV ecosystem.
In electrification, Valeo targets competencies in new-technology products with progressive localization for passenger vehicles and small mobility (two- and three-wheelers). At its Pune facility, a new plant and dedicated e-axle production lines have been commissioned to support a major electrification program with Mahindra & Mahindra (M&M). Valeo supplies electric powertrains for vehicles under M&M’s ‘Born Electric’ passenger vehicle platform and onboard charger combo units for electric utility vehicles. The partnership has a total order value close to $1 billion.
For two- and three-wheelers—India being the world's largest two-wheeler market—Valeo partnered in 2024 with Atul Greentech Private Limited (AGPL) and Honda Power Pack Energy India Private Limited (HEID) for three-wheelers. This combines Honda’s battery technology, Valeo’s compact powertrain unit, and Atul Greentech’s three-wheeled EV expertise for urban transport solutions. Valeo is also introducing rare-earth-free magnet motors in a new generation small mobility generator for greater two-wheeler electrification.
In safety, Valeo expands Advanced Driver Assistance Systems (ADAS) for passenger and commercial vehicles. The Chennai R&D center contributes to software development, AI-enabled engineering, and system validation for global electrification and ADAS programs. The Sanand plant in Gujarat is expanding to include new camera production lines starting mid-2026, alongside current ultrasonic sensor supply to major Indian OEMs.
For two- and three-wheelers, Valeo deploys electrification and Advanced Rider Assistance Systems (ARAS). At CES 2026, Valeo and Hero MotoCorp announced a strategic partnership on ARAS, combining Valeo’s radar and smart camera technologies with Hero’s knowledge of local traffic conditions. Proof-of-concept systems have been developed to protect riders and pedestrians.
Valeo advances AI in R&D to improve efficiency, innovation, costs, and lead times. The Chennai Group Technical Center and Bangalore satellite center employ over 3,300 engineers for global research, development, and innovation, with an expanded lab for self-reliant testing and validation.
Beyond automotive, Valeo partners with 2CRSi (established November 2025) on energy-efficient liquid cooling for edge data centers, including an Autonomous Immersion-cooled solution for harsh outdoor environments, supporting 5G deployment in India with Valeo providing casing and thermal management.
Valeo has operated in India since 1997, with six production sites in Chennai, Pune, Sanand, and Gurgaon, plus global R&D centers in Chennai and Bangalore. It employs over 7,500 people, more than 50% engineers contributing to global activities.
