Report – VW India plans INR 800 crore investment for compact SUV, sedan


Shrawan Raja, I'm the Founder & CEO of I love teamwork and talking about cars.

Volkswagen Group is planning an investment of 100 million euros (INR 802.5 crore in today’s exchange rate) for business expansion in India, PTI has reported.

VW Taigun at Auto Expo 2014
The VW Taigun mini SUV will meet production in about two years.

VW India President and Managing Director Mahesh Kodumudi –

At present, an investment of approximately 100 million euros is in the decision process for new models and for further localisation of parts and components.

The company will make the investment step-wise and intends to make them over the next few years, before the end of the decade.

Kodumudi said that Volkswagen is considering vehicles in the compact sedan segment that would be specially designed for India, a mini SUV and a compact hatchback. These are the biggest and fastest growing segments in India. The group aims to achieve a “high single digit” market share in the country before the end of 2020.

2014 VW Polo facelift front three quarters at Geneva Motor Show 2014
The Polo and Vento would also get facelifts this year. The Polo facelift has been testing in Pune for the past few months.

VW had shown the Taigun, a compact SUV concept, at the 2014 Auto Expo that is to meet production in 2016. Talks of a sub-4m Vento, a product that doesn’t exist yet in the global range, have also been doing the rounds in the media for the last year.

The company is also upgrading the current Polo and Vento models this year, and is considering the relaunch of Passat in its next generation, the reports adds.

VW Taigun – Image Gallery

Contribute to IAB
Submit Spyshots & get Bragging rights! Click Here
Custom Mods on your ride? Get it featured on IAB Submit

VW Vento News & Updates

Brazilian-spec 2017 VW Polo front three quarters

Locally-made 2017 VW Polo launched in Brazil, pre-orders open

VW Polo 7 inch touchscreen

VW Polo updated with new 7-inch touchscreen

2017 VW Polo R-Line at IAA 2017

New VW Polo to launch in early 2018 in South Africa

2018 VW Polo GTI front three quarters at the IAA 2017

2018 VW Polo GTI showcased at IAA 2017 – Live

2017 VW Polo TGI R-Line front three quarter left side at the IAA 2017

2017 VW Polo TGI R-Line showcased at IAA 2017 – Live

2017 VW Polo R-Line front at IAA 2017

2017 VW Polo R-Line & 2017 VW Polo Beats showcased at IAA 2017 – Live