Volkswagen, World's largest car maker's Indian subsidiary has posted sixth consecutive year of growth in production in 2017 crossing a milestone of 1.5 lakh units.
A production of 150,150 cars represented a growth of 3.5% over 2016, wherein the company produced close to 1.45 lakh units. Volkswagen India Private Limited has cumulatively produced over 8.7 lakh units since its inception in 2009.
The contribution towards the increased volumes comes from a combination of higher demand from the domestic as well as export markets where the cars 'Made in India' have been a success, said the company in a statement.
The production for domestic volume for the year 2017 reached over 57,000 units from Pune Plant for Volkswagen and ŠKODA combined. The production of export units which includes Volkswagen Polo and Vento stood at over 93,100 cars. Over all, the total number of cars rolled out of the plant has crossed 870,000 units.
Dr. Andreas Lauermann, President and Managing Director, Volkswagen India Private Limited said, "Volkswagen India has once again registered positive growth - thanks to our customers from India as well as around the world, who have trusted in us and who have invested in our products. We believe in delivering top quality cars that are engineered to the customers' expectations." He further added, "Volkswagen is committed to India. We believe in the potential of this market and we are setting ourselv ..
Volkswagen Pune Plant has so far attracted an investment of over 825 million (Rs 5720 crore). The plant has achieved a localisation level of approximately 82% (without engines and transmissions). With a workforce of 3600 employees, the plant has been operating in three shifts since March 2016.
The plant manufactures a range of vehicles including Volkswagen Polo, Ameo, Vento and ŠKODA Rapid. In addition to the cars, 1.5-litre and 2.0-litre diesel engines are also being assembled at the facility. Volkswagen Vento was the highest produced car in 2017, contributing to more than half of the total production