On May 2 this year, officials from the government of Andhra Pradesh went to Volkswagen's headquarters in Wolfsburg, Germany, and they've returned with some good news: The German carmaker, best known for its iconic small car, the Beetle, is coming. It plans to set up a manufacturing facility in the port city of Visakhapatnam at a cost of about Rs 5,000 crore. Two of VW's divisions, Skoda and Audi, already sell their cars in India. According to D.A. Somayajulu, Advisor to the state government and who was part of the team that went to Germany, the carmaker has proposed 90 per cent indigenisation at the manufacturing plant. It obviously means that VW plans to introduce more mass market (read: small or compact) cars in India. It's almost a decade late to India's automotive party. Let's see if it can still make heads turn.
PS: Earlier reports were suggesting that VW was planning a factory in Cochi, Kerala but thanks to the "frequent" bandhs and strikes in Kerala, they decided not to!!
PS: Earlier reports were suggesting that VW was planning a factory in Cochi, Kerala but thanks to the "frequent" bandhs and strikes in Kerala, they decided not to!!
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