French automotive supplier Forvia plans to deepen its presence in India with an additional €70 million investment, signaling a major expansion push in one of its key growth markets. The company expects its India business to more than double by 2030, with revenue projected to reach about €1 billion.
As part of the plan, Forvia will add three new manufacturing plants across India. The fresh spending is aimed at expanding its local operations and supporting future demand from the country’s automotive sector, which remains an important market for global component makers.
The Forvia India €70m expansion reflects a broader strategy to grow production capacity closer to customers and strengthen its long-term position in the region. Increasing local manufacturing can help suppliers serve automakers more efficiently while benefiting from India’s rising vehicle production and supplier ecosystem.
With this latest commitment, Forvia is making clear that India will play a larger role in its global growth story over the rest of the decade. The planned investment and new plants underline the company’s confidence in the market as it works toward sharply higher revenue from its India operations by 2030.
