Volkswagen names Gurpratap Boparai as India head, rejigs top brass

Volkswagen names Gurpratap Boparai as India head, rejigs top brass

AgenciesUpdated: Wednesday, May 29, 2019, 04:37 AM IST
article-image

New Delhi: German auto major Volkswagen Group on Tuesday announced management restructuring in India, as part of its plan to “sustainably strengthen its position”, spearheaded by group firm Skoda. As part of the exercise, Skoda Auto India managing director (MD) Gurpratap Boparai will become MD of the Volkswagen India (VWIPL) with effect from January 1, 2019, the group said in a statement.

“In the future, all group brands will continue their operations under the leadership of Boparai with a common strategy in the Indian market,” it said. The restructuring of the Volkswagen Group companies in India is planned for next year, subject to regulatory approvals, it added. In July this year, the group had announced €1-billion investment in India to support its ‘India 2.0’ project, which will be driven by Skoda Auto.

The group had announced that all future models designed and produced in India would be based on Volkswagen Group’s MQB platform, and Skoda Auto will launch a volume segment model based on sub-compact MQB A0 platform by 2020.
The group will launch a new SUV based on VW’s flexible MQB platform by the second half of 2020. Skoda Auto would set up an engineering design and development centre at Pune besides enhancing capacities at the group’s two plants in Aurangabad and Pune cities of Maharashtra.

“The Volkswagen Group in India is restructuring its management in order to use the existing synergies more efficiently in the development of this important growth market,” the statement said. From January 1, 2019, the group said Pavel Richter, technical director of production in the ‘India 2.0’ project, will lead production responsibility for the group in India.

RECENT STORIES

Gold Likely To Consolidate Next Week As US Data, Fed Meeting Loom: Analysts

Gold Likely To Consolidate Next Week As US Data, Fed Meeting Loom: Analysts

Global cues, FPI inflows and Q2 Earnings To Steer Markets, Muhurat Trading To Mark Samvat 2082

Global cues, FPI inflows and Q2 Earnings To Steer Markets, Muhurat Trading To Mark Samvat 2082

Muhurat Trading 2025: Confusion Over Date Resolved, Special Diwali Trading Session To Be Held In The...

Muhurat Trading 2025: Confusion Over Date Resolved, Special Diwali Trading Session To Be Held In The...

New GST Rules: Government Extends Return Filing Deadline, CBIC Issues Official Notification Giving...

New GST Rules: Government Extends Return Filing Deadline, CBIC Issues Official Notification Giving...

India’s Retail Inflation Set To Ease Further In October Below 0.5%, Supported By Food Price Drop...

India’s Retail Inflation Set To Ease Further In October Below 0.5%, Supported By Food Price Drop...