Companies / India
VW Finds Indian Home
November 2006 | FDI AlertThe uncertainty surrounding Volkswagen's choice of location for its Indian plant is at an end, with the German firm settling on Chakan near Pune, in the state of Maharashtra. VW will plough US$300mn into the new plant, which will begin production of a small car from H209. A memorandum of understanding (MoU) will be signed between VW and the state government of Maharashtra on November 29 2006.
Sorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
If you would like to subscribe to Asia Pacific Automotives Insight and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Asia Pacific Automotives Insight please click on the trial link below.
