# Groupe PSA and CK Birla Group form joint ventures in India

Groupe PSA and CK Birla Group signed joint venture agreements to manufacture vehicles and transmissions in Tamil Nadu, India, starting in 2020. Initial investment is around EUR 100 million, with production volume of about 100,000 vehicles per year.

- Type: Partnership
- Announced: 2017-01-25
- Where: Tamil Nadu, India
- Value: $110.0M (100.0M EUR)
- Status: announced
- Capacity: 100,000 vehicles per year
- Products: passenger cars, transmissions
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Groupe PSA](https://endata.com/companies/718.md) (partner)
- [AVTEC Group](https://endata.com/companies/4212.md) (partner)
- [CK Birla Group](https://endata.com/companies/21712.md) (partner)

## Sources

- [media.stellantis.com](https://www.media.stellantis.com/de-de/psa-archive/press/groupe-psa-und-ck-birla-group-unterzeichnen-joint-venture-vertrage-zu-herstellung-und-vertrieb-von-fahrzeugen-und-komponenten-in-indien-ab-2020), 2017-01-25: "Das indische Projekt erfolgt in Übereinstimmung mit dem PSA Strategieplan 'Push to Pass' und dem Wachstumsplan der CK Birla Group im Automobilsektor."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.