Skoda Auto Volkswagen India exports over 25,000 cars in current year so far

.

Skoda Auto Volkswagen India on Wednesday said it has exported over 25,000 cars in the current year so far and achieved the milestone of shipping out 5,00,00th domestically produced car, despite the challenging demand scenario globally.

The 5,00,000th milestone car is a left hand-drive Vento sedan, which is part of a batch of 982 cars being shipped out to Mexico from Mumbai port, Skoda Auto Volkswagen India Private Ltd (SAVWIPL) said in a release.

The European car major started exports of its vehicles from India in 2010 with 65 units of the India-built Volkswagen Vento for the South Africa market.

Since then,the company has continued to grow incrementally to build the 'Made in India' presence to 61 countries across South America, Central America, Africa, the Indian Subcontinent, Southeast Asia, the GCC countries and to the Caribbean region, said the release.

Skoda Auto Volkswagen India has exported over 25,000 cars in the current year, marking a consistent export performance in spite of the challenging demand scenario around the world, the company said.

"Exports are an integral part of our strategy and achieving five lakh units is a significant milestone for the company. Cars produced at the KODA AUTO Volkswagen manufacturing sites exemplify the high-quality standards we pursue globally and in India," said Skoda Auto Volkswagen India Managing Director Gurpratap Boparai.

He added that the achievement gains more significance "as we continue to export vehicles despite the current challenges in the industry on account of COVID-19 disruptions".

Over the next years, the company will produce cars based on the new MBQ A0 IN platform with a high degree of localisation and will continue to explore export markets for the India 2.0 products, he said.

The India 2.0 project, which entails an investment of Rs 8,000 crore, is aimed at strengthening presence in the domestic market with India-specific car models through a dedicated platform.

The four new products developed for the Indian market for Skoda Auto and Volkswagen consisting of SUVs and Notchbacks will be evaluated for exports to similar markets requiring robust built and efficient cars, it said.

According to the company, the future range of products, starting from next year, is expected to have as much as up to 95 per cent local contents.


(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel