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India: Skoda investing Rs3bn in local ops

Czech Republic-based car manufacturer Skoda Auto, part of the Volkswagen Group, is infusing fresh equity of more than Rs3bn (US$56.72m) in its Indian operations. This move is aimed at increasing localisation and expanding production. "The funds will go into enlargement of production depth (localisation of production) and expansion of production capacity Subscribe to Automotive World … Continued

Czech Republic-based car manufacturer Skoda Auto, part of the Volkswagen Group, is infusing fresh equity of more than Rs3bn (US$56.72m) in its Indian operations. This move is aimed at increasing localisation and expanding production.

"The funds will go into enlargement of production depth (localisation of production) and expansion of production capacity

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https://www.automotiveworld.com/articles/93607-india-skoda-investing-rs3bn-in-local-ops/

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