New Delhi : German auto major Volkswagen Group is evaluating various options for the Indian market, including fresh investments for a completely new product range in the country, according to a company official. The Volkswagen (VW) group has various brands including Audi, Volkswagen and Skoda — in the Indian market. On a standalone basis, VW also sells the Polo, Ameo and Vento here.
“Volkswagen Group is currently studying several options which involve phased investments. These investments could range from updated products to a complete new product portfolio,” a company spokesperson told the PTI. VW has commissioned Skoda Auto to evaluate a global architecture for volume segments with the modular MQB A0 IN system, the spokesperson added. “Skoda’s strategic approach is to launch this localised platform on the Indian market in 2020 when more stringent crash and emissions standards come into force,” he said. In this context it is planned to produce competitive volume models for the brands Skoda and Volkswagen in India, he said. Audi on the other hand would continue to bring in its own products as per the market demand. VW can produce two lakh cars annually, in a three-shift system, from its plant in Chakan, Pune.
The facility rolls out products from both the VW and the Skoda stables. “Depending on the decisions that will be made in the future, this capacity could be altered,” the spokesperson said. Stating that Indian market remains attractive for the group, he said: “With an investment of over 825 million euro (around Rs 5,700 crore on the Chakan plant), it is clear that Volkswagen is here to stay in India.”
