India, Oct. 21 -- Stellantis, the parent group of Citroen and Jeep in India, is targeting to halve its vehicle development time and ramp up localisation for certain models in the country. The automaker is planning this strategy as it prepares to launch 12 products across Citroen and Jeep brands under its FaSTLAne 2030 roadmap. This strategy for the Indian market also aligns with the company's global product development strategy.

Stellantis India MD and CEO Shailesh Hazela told PTI the company announced that its global ambition is to cut down the product development time for bringing new vehicles from 48 months to close to two years, which is around 24 months. "That is what we are working on for our products, which we are going to launch,...