They are re-enteing the Iranian market with the DS marque. Peugeot had a good production volume contribution by selling CKD cars to the Iranian government assembler, until the sanctions cut in. Following the nuclear agreement recently the French have been quick to move back into the Iranain market and Peugeot is no exception.

There is a strong rumour running around that PSA is about to tie up with Tata
Jaguar Land Rover owner Tata linked to PSA Peugeot Citroen partnership | Autocar
PSA wanted to re-enter India and Tata have plant capacity as the Nano sales have not met the original expectations. They could well be a long term partner in the perpetual chase for volume. Less obvious is the potential relationship with Jaguar/Landrover that Tata controls