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Volkswagen is setting its sights on capturing a 5% market share in India's competitive passenger vehicles sector by the end of the decade.
Volkswagen now targets a 5% market share in India by 2030, not 2025.
KEY POINTS
- Alternative fuel technologies, especially CNG and electric vehicles, are central to Volkswagen's strategy.
- Volkswagen currently holds about 2.5% of India's passenger vehicle market.
- Future investments will prioritize product development, though exact plans are not yet finalized.
COMPANIES
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