Don’t miss the latest developments in business and finance.

Volkswagen Eyes Navi Mumbai, Pune For Setting Up Unit

Image
Our Regional Bureau BUSINESS STANDARD
Last Updated : Feb 26 2013 | 1:13 AM IST

German automobile manufacturer Volkswagen AG has evinced interest in setting up an automobile plant in India.

The company is looking at Navi Mumbai and the Pune industrial belt among other sites to set up the plant which would manufacture the limousine Skoda brand.

According to a state government release, Helmjth Schoster, representative of Volkswagen Automobiles in India, met Maharashtra chief minister Sushilkumar Shinde on Monday and informed him that a team of company officials would soon be visiting Maharashtra to finalise the site for the plant.

More From This Section

Expressing happiness over the German gesture in the industrial sector, Shinde recalled the decade-old ties with Germany and said that his state was proud to provide all the infrastructural needs of Volkswagen to install the Skoda plant. Incidentally, the German company has only recently acquired the Skoda Auto, then based in Czechoslovakia.

Shinde directed the officials of the state government to complete all formalities at the earliest in this regard.

The meeting was also attended by principal secretary (industries) Vishwas Dhumal. Helmjth Schoster was accompanied by his colleagues Lutuz Wagner and Ashok Jain who is the chief advisor of the company in India.

Also Read

First Published: Feb 19 2003 | 12:00 AM IST

Next Story