Volkswagen's focus on India stronger now amid global turmoil: Thomas Schäfer, global CEO, Passenger Cars
Volkswagen plans to focus on emerging markets such as India due to tensions between America and China, which make it complicated to operate between the two markets, according to Thomas Schafer, CEO of Volkswagen Passenger Cars. The company's India 2.0 strategy, implemented in 2020, is set to expand through fresh investments, product interventions and capacity, he said.
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