Volkswagen AG plans investment in India-Business Standard

Tuesday, 15 Jul 2014 04:02am EDT 

Volkswagen AG:Plans to spend 15.00 bln Indian Rupees ($250 million) in India over the next five to six years, a senior company executive told reporters-Business Standard.The president and managing director of Volkswagen India Pvt Ltd, also said the company could increase its India plant capacity to 200,000 cars a year from 130,000.Volkswagen is evaluating manufacturing engines in India, Kodumudi said. 

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