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Volkswagen Group to invest EUR one billion in India

By Niranjan Mudholkar,

Added 04 July 2018

Together, Škoda Auto and Volkswagen will develop new models in the A0 segment for the Indian market as part of the India 2.0 project

Officials at the announcement

Gurpratap Boparai, Managing Director of Škoda Auto India Private Ltd, added, "With the ‘India 2.0' project, Škoda Auto and Volkswagen Group are in an excellent position to optimally confront the dynamics of the Indian car market. In India, we will offer top-class products at prices that amount to a paradigm shift in the automotive industry. We will manufacture the new products locally based on the heavily localised MQB A0 platform, which already fulfils the stricter emission and safety standards that are expected to come into force in India in 2020."

Initially, Škoda Auto is developing the sub-compact MQB A0 platform with a focus on India (MQB-A0-IN). In the second phase, Škoda will be assessing the possibility of exporting vehicles manufactured in India. Škoda and Volkswagen will develop several products based on this platform. The model campaign will begin in 2020 with an SUV.

To ensure that the planned models will fulfil the requirements of Indian customers to the utmost extent, Škoda Auto is looking to be as close to the market as possible from the very start. The technical development of the new products will therefore predominantly take place in India. To this end, the car manufacturer plans to gradually create new jobs there.

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