Stellantis India has announced the appointment of Aditya Jairaj as CEO and managing director with effect from January 1, 2024. Jairaj currently serves as the deputy managing director of Stellantis India and as the head of Jeep India.

He will succeed Roland Bouchara, who will be assigned to another function in Europe after six and a half years of leading the company in India. Since his appointment as the CEO and MD in 2021, Bouchara successfully led Stellantis India's expansion, playing an instrumental role in establishing a robust foundation for Citroen and Jeep. Prior to 2021, Bouchara successfully launched the Citroen brand in India and led the operations in his capacity as senior vice president of Sales and Marketing for the brand.

"Reflecting on my journey of over six-and-a-half years with Stellantis India, I have led multi-function operations across commercial, industrial and product planning,” Bouchara said. “As I step away, I'm truly grateful for the opportunity to have been part of this extraordinary company and I am excited to see Stellantis India continue its path toward a bold and dynamic future.”

Ashwani Muppasani, COO of Stellantis India & Asia Pacific, said: “As we bid farewell to Roland, we extend a warm welcome to Aditya as he takes on a new role. Our unwavering focus is on the future, and we are confident that this transition will usher in new opportunities for growth and innovation for Stellantis India.”

Stellantis India operates three manufacturing plants (Ranjangaon, Hosur, Thiruvallur), an ICT Hub (Hyderabad) and Software Centre (Bengaluru), and two R&D centres in Chennai and Pune.

Stellantis's 'Make in India' offensive is ongoing with India being the only country to locally produce four Jeep nameplates outside North America (Wrangler, Compass, Meridian and Grand Cherokee) and the Citroen C5 Aircross outside France.