Citroen: First MNC Exporting EVs from India

French carmaker Citroen has ignited a spark in the Indian electric vehicle (EV) industry, establishing itself as the first multinational company (MNC) to export EVs manufactured entirely in India. This groundbreaking move not only propels India’s “Make in India” initiative in the electric mobility sector but also positions Citroen as a frontrunner in the ever-evolving global EV market.

Citroen Ships ë-C3 to Indonesia, Setting Electrifying Precedent

Citroen electrified the atmosphere with the announcement of their initial EV exports. The company shipped a trailblazing 500 units of their locally-produced electric vehicle, the ë-C3, to Indonesia from the Kamarajar Port in Chennai. This initial success story serves as a powerful testament to India’s potential as a global EV manufacturing hub, paving the way for attracting further investments and fostering cutting-edge technological expertise in the country.

Strategic Harmony with India’s EV Ambitions

Citroen’s decision to leverage India as an EV export base demonstrates a strategic alignment with the country’s vision of becoming a global leader in sustainable transportation. The Indian government has been a driving force behind this vision, actively promoting the adoption of electric vehicles through various policies and incentives. These include tax breaks and subsidies for both EV manufacturers and buyers, creating a supportive ecosystem for the industry to flourish. Citroen’s commitment to manufacturing EVs in India goes beyond just production. It strengthens the country’s domestic EV ecosystem by fostering the development of a local supply chain, generating employment opportunities, and propelling India’s transformation into a competitive EV exporter in the global market.

A Catalyst for “Make in India” and a Sustainable Future

Citroen’s achievement serves as a significant shot in the arm for the Indian government’s “Make in India” initiative. It stands as a powerful symbol of the country’s capability to produce high-quality electric vehicles that meet stringent international standards. This success story is likely to generate a ripple effect, attracting further investments into India’s EV sector. This will not only create more jobs but also propel the country towards a cleaner and more sustainable future. By showcasing India’s prowess in EV manufacturing, Citroen has become a trailblazer, paving the way for other multinational carmakers to consider India as a strategic base for EV production and export. This strategic shift has the potential to significantly contribute to India’s ambition of becoming a global leader in the electric vehicle industry, shaping a greener future for the world.

Recent Blog : JSW-GMR JV Purchases 2 Cricket Franchises for ₹400+ Cr



Send Us A Message