The Volkswagen Group is reportedly evaluating new investments and launches of new vehicles for the Indian market. It has directed group company Skoda Auto to conduct research on the global architecture compliant with the MQB A0 1N modular platform. This will enable the development of products in segments with high volumes under both the Skoda and Volkswagen brands. Volkswagen currently possesses production capacity of close to 2 lakh units annually at its Chakan manufacturing plant which produces cars from both Volkswagen and Skoda brands. This production capacity can be altered a little, based on the decisions made by the parent Group in the future.
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Skoda, as per reports, is striving to ensure localization of this new platform especially for India within 2020 when several new crash testing and emission regulations will come into effect. This will enable the production of models at comparatively affordable price points which can go on to become high volume sellers for the Group. Audi, on the other hand, will be coming out with models based on the market demand.
Having invested around 825 million euros (Rs. 5, 700 crore approximately) into its Chakan manufacturing plant, the Volkswagen Group remains strongly committed towards exploring future prospects in the lucrative Indian market. The Group is now aiming at building up its market presence here.
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