German car major Volkswagen's officials will hold a vendors meet for the proposed Visakhapatnam manufacturing plant here at Hyderabad on Thursday. |
This is the first vendors meet planned by the company, which is also expected to conduct similar exercises in the country's vendor bases such as Gurgaon and other places to tie-up with ancillaries required for the project. |
A ten-member delegation, including Volkswagen's India project head Helmuth Schuster, will land at Vizag on Wednesday to visit the project location and arrive at Hyderabad the next day for the scheduled vendors meet. |
According to the official tour programme, the three-day trip will being with the German team directly flying into Visakhapatnam on a chartered flight from Chennai on Wednesday morning. |
Apart from visiting the site earmarked by the state government for the proposed car manufacturing plant near Vizag Steel, the team will also visit other places of interest before arriving at Hyderabad on Thursday afternoon. |
The team will hold a meeting with local vendors for enlisting ancillaries required for the manufacturing plant on the same day. |
On May 27, the team will visit the Indian School of Business (ISB) and a couple of IT companies at Madhapur before winding up the tour the same evening. |
According to official sources, the Volkswagen management is also mulling to shift its Skoda assembly plant at Aurangabad to the Vizag facility. The Euro1 billion project at Visakhapatnam has been planned both for domestic market as well as for exports. |