In a bid to cut costs and revive sales in India, Volkswagen plans to increase localisation from the current 65-70% to 90%.
In the next five to six years, the company plans to spendUS$250m in the country to increase local content, source more parts and introduce new models, Reuters reported.
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However, it is not yet known when local manufacturing of more car parts would begin. The company has recently indicated it may add local engine assembly, too.
