Skoda, VW bet on India 2.0 project to change fortunes
Live MintSkoda Auto Volkswagen India Pvt. Ltd is targeting a sharp increase in sales of Skoda and Volkswagen brands of passenger vehicles starting next year, fuelled by the launch of new models, said a senior company executive. We will launch the all-new midsize SUV by mid-2021, along with new Octavia and BS-VI compliant Kodiaq SUV next year,” Zac Hollis, director, sales, service and marketing for Skoda Auto India, said in an interview. Skoda’s plans are part of Volkswagen AG’s India 2.0 project, which entails fast-tracking its business through new launches, retooling assembly lines and expanding capacity at its plant in Chakan near Pune. Next year, we will be launching our most anticipated product under India 2.0 project—VW Taigun along with one more SUV,” said Ashish Gupta, brand head, Volkswagen Passenger Cars India.