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Automobile manufacturer Volkswagen is targeting to double its market share in India to three per cent in the next five years as part of the company's India 2.0 plan. The auto major is developing a new platform for India named MQB and is also planning to launch its leasing business in the country soon.
Steffen Knapp, Managing Director, Volkswagen Passenger Cars said the company has chalked out six strategies to double its market share. The company needs to clock around 1.20 lakh units per annum as against around 36,000 per annum. “It's an ambitious target but we have laid the
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