Volkswagen to invest 1 bn euros in Skoda India

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New Delhi, July 2 (IANS) 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

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