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Bernhard Maier
VW to invest €1 B in India by 2021
German auto major Volkswagen Group on Monday announced an investment of €1 billion (around Rs 7,900 crore) between 2019 and 2021, as part of its latest strategy to enhance presence in India, which will be led by group firm Skoda Auto. As part of 'India 2.0' project, Skoda Auto is setting up an engineering design and development centre at Pune, besides enhancing capacities at the group's two plants at Aurangabad and Pune.
03 July 2018, 08:28 IST
VW to invest €1 B in India by 2021
03 July 2018, 08:28 IST