Friday, December 9, 2011

Volkswagen (globally) to source parts from India

Volkswagen (globally) to source parts from India

- VW is planning to triple it's annual component sourcing from India (valued at over Rs. 2000 crores) in the next 3-5 years.

- The company will be sourcing about Rs. 432 crores of plastic parts annually.

- VW will also be investing ~Rs. 1728 crores over the next few years on tooling and vendor development.

Mahesh Kodumudi, Executive Director (Components Purchasing), Volkswagen Group India:


"We are still seeing India as a very competitive sourcing base – there's a cost advantage of at least 10-15% over Western Europe. And having worked with Indian vendors over the past few years, their capabilities too have matured and we do see them playing a bigger role."

Complete story - Volkswagen To Make India A Global Export Hub | MotorBeam - Indian Car Bike News & Reviews

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