business / news / / The New Indian Express
German auto giant Volkswagen Group is aiming to secure a 5% share of India’s passenger vehicle market before the end of the decade.
Volkswagen Group has shifted its 5% India market share target from 2025 to before 2030.
KEY POINTS
- Future growth will rely on both ICE and alternative fuel vehicles, including EVs and potential CNG models.
- Volkswagen has not yet finalized the investment amount for its next phase in India.
- Volkswagen plans to launch or upgrade at least one product every quarter to boost growth.
COMPANIES
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