Volkswagen AG To Set Up India Engine Assembly Plant By 2015-The Economic Times

Thursday, 1 Nov 2012 06:34am EDT 

The Economic Times reported that Volkswagen AG will build an engine assembly plant in India by 2015. The Company also plans to invest EUR60 million ($78 million) in its India business next year on localization of components and to boost export potential from the country. Volkswagen plans to start exporting vehicles to Taiwan and North Africa from India next year. 

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11:35am EDT