Skoda Auto Volkswagen Starts Third Shift At Pune Plant As Demand Picks

on Tuesday said it has commenced the third shift at its manufacturing plant in Pune to cater to the enhanced demand for its model range in the country.

Pvt Ltd (SAVWIPL) manages the Indian operations of five Volkswagen Group brands Skoda, Volkswagen, Audi, Porsche and Lamborghini.

"The commencement of the third shift at our Pune facility is a testimony to the overwhelming response received by the cars launched under the VW Group's INDIA 2.0 project.

"The Skoda Kushaq and Volkswagen Taigun have been well received by our customers," SAVWIPL Managing Director Piyush Arora said in a statement.

The company is also gearing up to accelerate the deliveries of the Skoda Slavia, while the Volkswagen Virtus is slated for launch in the second quarter of 2022, he added.

Arora further said that the company has recently commenced exports of the Volkswagen T-Cross to Mexico and the exports of the other INDIA 2.0 cars will follow in the months ahead.

"With the third shift, we have taken on additional manpower to help us cater to the increase in demand, that we foresee both on the domestic and export front. We are confident that we will continue on the growth path set in motion by the Volkswagen Group in the year 2021," he added.

The Volkswagen Group implemented its INDIA 2.0 project with an investment of one billion euros in India from 2019 to 2022.

Under the project, the Group designed and produced four cars Kushaq, Taigun, Slavia and Virtus - which are customised for India at the Group's Pune facility in Chakan.

Spread across 540 acres, the facility currently produces Polo, Vento, Taigun, Kushaq, Slavia and Virtus.

The Group, which also has a manufacturing facility in Shendra in Aurangabad, clocked 76 per cent growth in volumes across its five brands with 21 new launches and six luxury EVs introduced in the market.

(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.)

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

RECENT NEWS

Central Banks And The Economic Horizon: Steering Through Uncertaintie

In the evolving landscape of global financial markets, the strategic role of central banks has come under intense scruti... Read more

Transforming Financial Operations With Robotic Process Automation

Author: Ricardo Goulart                           ... Read more

The Role Of Machine Learning In Fraud Detection

        Author: Gerardine Lucero                  &nbsp... Read more

Principles Of Islamic Banking And Finance

When it comes to banking, a significant new contender has entered the ring. The principles of Islamic banking and financ... Read more

The Role Of Central Banks In Global Economy

The role of central banks in global economy is a stimulating topic that requires profound understanding. Commonly, centr... Read more

History Of Banking Evolution In The 21st Century

Throughout time, the banking sector has assumed a central role in the smooth functioning of economies, generating growth... Read more