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Volkswagen to invest 1 bn euros in Skoda India

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IANS New Delhi
Last Updated : Jul 02 2018 | 3:20 PM IST

Skoda Auto India on Monday said that its parent Volkswagen Group will invest 1 billion euros in the company's expansion plan for the Indian market.

The programme -- India 2.0 -- will be executed between 2019 and 2021.

It includes creation of an engineering and design centre, new products, increase in production and further localization of components.

--IANS

rv/mag/bg

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First Published: Jul 02 2018 | 3:16 PM IST

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