OP Mobility To Invest Up To Rs 26.6 Billion In India
Technology

OP Mobility To Invest Up To Rs 26.6 Billion In India

French automotive technology leader OP Mobility SE has announced plans to invest between USD 200 million and USD 300 million (Rs 17.7–26.6 billion) in India over the next five years. The investment will expand the company’s manufacturing capacity, engineering and research operations, and strengthen its foothold in India’s fast-growing automotive sector.

This represents OP Mobility’s largest investment in India to date, reflecting its confidence in the country’s long-term growth and industrial potential.

Formerly known as Plastic Omnium, OP Mobility is a USD 14 billion multinational operating in 28 countries, with 95 per cent of its business generated outside France. Chairman Laurent Burelle said the expansion decision followed a “deeply inspiring” meeting with Prime Minister Narendra Modi, praising his “clarity of vision and deep understanding of the automotive industry”.

As part of the expansion plan, the company will double its factories in India from five to ten and establish a new technology centre in Pune, which will become its largest in Asia. The five new plants are planned across key automotive hubs — Chennai, Manesar, Aurangabad, Hansalpur, and Kharkhoda — over the next five years, alongside the expansion of the Pune tech centre.

OP Mobility currently generates about USD 250 million annually from its Indian operations and aims to more than double this figure in the coming years. Burelle noted that while the company’s entry into India in 2007 posed challenges, the last five years have brought strong growth, profitability, and a reputation for quality and competitiveness, positioning it for accelerated expansion.

The new investment will focus on clean mobility technologies, including battery systems and hydrogen energy storage, supporting India’s transition to sustainable transportation. The company also plans to enhance digital innovation and localisation of advanced automotive technologies, ensuring India plays a central role in OP Mobility’s global sustainability strategy.

This strategic investment underscores OP Mobility’s commitment to India’s automotive and clean energy ecosystem, positioning the country as a key hub for innovation, production, and R&D in its global journey towards sustainable and intelligent mobility.

French automotive technology leader OP Mobility SE has announced plans to invest between USD 200 million and USD 300 million (Rs 17.7–26.6 billion) in India over the next five years. The investment will expand the company’s manufacturing capacity, engineering and research operations, and strengthen its foothold in India’s fast-growing automotive sector. This represents OP Mobility’s largest investment in India to date, reflecting its confidence in the country’s long-term growth and industrial potential. Formerly known as Plastic Omnium, OP Mobility is a USD 14 billion multinational operating in 28 countries, with 95 per cent of its business generated outside France. Chairman Laurent Burelle said the expansion decision followed a “deeply inspiring” meeting with Prime Minister Narendra Modi, praising his “clarity of vision and deep understanding of the automotive industry”. As part of the expansion plan, the company will double its factories in India from five to ten and establish a new technology centre in Pune, which will become its largest in Asia. The five new plants are planned across key automotive hubs — Chennai, Manesar, Aurangabad, Hansalpur, and Kharkhoda — over the next five years, alongside the expansion of the Pune tech centre. OP Mobility currently generates about USD 250 million annually from its Indian operations and aims to more than double this figure in the coming years. Burelle noted that while the company’s entry into India in 2007 posed challenges, the last five years have brought strong growth, profitability, and a reputation for quality and competitiveness, positioning it for accelerated expansion. The new investment will focus on clean mobility technologies, including battery systems and hydrogen energy storage, supporting India’s transition to sustainable transportation. The company also plans to enhance digital innovation and localisation of advanced automotive technologies, ensuring India plays a central role in OP Mobility’s global sustainability strategy. This strategic investment underscores OP Mobility’s commitment to India’s automotive and clean energy ecosystem, positioning the country as a key hub for innovation, production, and R&D in its global journey towards sustainable and intelligent mobility.

Next Story
Real Estate

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

Next Story
Infrastructure Transport

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Next Story
Technology

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement