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:
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