PSA Peugeot Citroen is planning to return back to the Indian car market. The French company is interested in supplying components as well setting up a manufacturing plant in the country.
The company is attempting to establish itself as it has set up an office in Chennai for sourcing components. The company began its sourcing through Magna Steyr. Peugeot has had a meeting with the officials of Society of Indian Automobile Manufacturers (SIAM). Peugeot’s sibling Citroen is also planning to launch its small cars in India.