Volkswagen seeks predictable policy environment in India

German auto major Volkswagen on Monday pitched for predictable legislations in India to help automobile companies plan better regarding new product launches.

Volkswagen launched Taigun SUV for India at the first Skoda Volkswagen India Media Night event
Volkswagen launched Taigun SUV for India at the first Skoda Volkswagen India Media Night event

The group, which is in the process of putting in EUR 1 billion investment in the country, said the clarity in terms of policies would help the company adapt and bring in products at right time.

"Together with Volkswagen we are investing one billion euros which clearly shows we together mean business. With such a high investment I have to say the fundamental thing for us is predictability," Skoda Auto Chairman of the Board of management Bernhard Maier told reporters here.

Also check these Vehicles

Find more Cars
Volkswagen Taigun (HT Auto photo)
₹ 10.49 - 17.50 Lakhs* *Ex-showroom price
Add to compare
Check latest offers
Volkswagen Virtus (HT Auto photo)
₹ 11.21 - 17.91 Lakh* *Ex-showroom price
Add to compare
Check latest offers
Volkswagen Tiguan (HT Auto photo)
₹ 32.79 Lakhs* **Ex-showroom price
Add to compare
Check latest offers
Volkswagen Id.4 (HT Auto photo)
UPCOMING
₹ 50 - 60 Lakhs* *Expected Price
View Details
Skoda Slavia (HT Auto photo)
₹ 10.69 - 20.76 Lakhs* *Ex-showroom price
Add to compare
Check latest offers
Skoda Enyaq (HT Auto photo)
UPCOMING
₹ 50 - 55 Lakhs* *Expected Price
View Details

New legislationsshould provide sufficient lead times not only for Volkswagen or Skoda but for the entire industry to really be able to adapt and offer customers the right products at right time, he added.

He also sought clarity in terms of policies for electric mobility space as well.

"It is a global topic which is also true for the Indian market. It is important when we bring these new technologies to the market then the necessary requisites and acceptability among customers is in place," Maier said.

Referring to India's move to leapfrog to BS 6 from BS 4 in a short span of time, Maier said, "If you get some new regulations with a lead time of only two years it is really hard to cope with that. This puts the entire industry under pressure."

On electric mobility also, he said there is a need for a clear road map."As far as we know there is no clear plan on how to build clear infrastructure for EVs and before customers can judge the car whenever it is needed, it doesn't make sense to (bring EVs to market)," he said.

Maier, however, hastened to add, "But we are ready when you are."

He said Volkswagen and Skoda were together aiming for 5 per cent market share in the Indian market depending upon market.

"For Skoda, India would thus become one of the five larger markets in the world," he added.

India is a still a tender shoot for the company, Maier said.

"We do have plans for the market..we have seen some volatility in the market in the past few years here but the overall long term picture remains positive," he noted.

The group showcased Skoda's Vision In concept and also unveiled Volkswagen's production ready compact compact SUV which has been christened as Taigun.

"The first showcase of the India 2.0 concepts offer a glimpse into the exciting range that is in preparation for our customers in India," Skoda Auto Volkswagen India Managing Director Gurpratap Boparai said.

The company is aiming to reach 95 per cent localisation in the new range, he added.

Expressing faith in the long term growth prospects of the Indian market, Maier said that the automobile market in the country is expected to grow with around 1 trillion euro investment lined up for various infrastructure projects.

Also, the population of the country is expected to grow to 1.6 billion by 2050, with large young population at the fore,making it one of the largest auto markets globally, he added.

Speaking at the first ever Volkswagen group night in India, group company entities listed out their specific strategies for the Indian market.

The German automobile group Volkswagen in 2018 had decided to reorganise its India operations giving Czech firm Skoda the responsibility to take the lead.

First Published Date: 04 Feb 2020, 10:52 AM IST
NEXT ARTICLE BEGINS
Shopping Bag Shop Now
74% OFF
Microfiber Car Cleaning Soft Brush Ideal as Mop Duster, Washing Brush with Long Handle, Dust Cleaner Car Wash Brush with Handle, Soft Brush Scratch Free, Cleaning Dashboard Curved Design - Grey
Rs. 389 Rs. 1,499
75% OFF
IDELLA Car Duster, Extendable Long Handle Microfiber Car Duster Exterior Scratch Free Car Cleaning Tool, Car Dust Brush for Truck, Pickup, SUV, RV, Motorcycle, Vehicles Cleaning,(Multicolor)
Rs. 227 Rs. 899
64% OFF
Antson Portable High Power 2 in 1 Car Vacuum Cleaner | USB Rechargeable Wireless Handheld Car Vacuum Cleaner Traveling, Camping Reusable and Sustainable, Portable,Rechargeable Vacuum (2 in 1)
Rs. 699 Rs. 1,939
1% OFF
GOODAIR Clear Car Windshield Enhancer | Classic |12 Tablets
Rs. 295 Rs. 299

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
Powered by: Acko Logo
Please be noted that any information provided herein above will be received by Acko General Insurance Limited (“Acko”). By mentioning the above information, you agree to provide these details and information to Acko.
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.