# Groupe PSA sets up purchasing hub in India to expand auto parts sourcing

Groupe PSA is setting up a new sourcing hub in India with teams in Chennai and Hosur, aiming to significantly grow its auto parts sourcing from India from €25 million in 2018.

- Type: Expansion
- Announced: 2019-04-05
- Where: Chennai and Hosur, India, India
- Status: announced
- Products: auto parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Groupe PSA](https://endata.com/companies/718.md)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/french-co-groupe-psa-wants-to-grow-auto-parts-sourcing-from-india/article26746138.ece), 2019-04-05: "The new purchasing hub in India will be the central point for suppliers to contact us for parts for India as well as for the world."

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