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Volkswagen’s global model cull could boost India’s role as production, export hub

News Snapshot:

Volkswagen Group’s plan to eliminate up to 50 per cent of its global model portfolio and 75 per cent of its powertrain and equipment variants by 2030 is expected to reinforce, not derail, its India strategy, where much of the simplification has already been completed under the India 2.0 programme.Businessline spoke to industry executives and people familiar with the company’s long-term plans. They said “the more significant impact will be on future investment decisions, with every new India programme likely to face stricter scrutiny on localisation, shared platforms, export potential and returns, while niche imports and standalone products will have…

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