Volkswagen to invest 1 bn euros in Skoda India

Volkswagen to invest 1 bn euros in Skoda India
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New Delhi: 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