Volkswagen plans India plant - magazine

Newswire

FRANKFURT, Aug 26 (Reuters) - German carmaker Volkswagen plans to invest up to 400 million euros ($511.1 million) to set up a plant in India, Der Spiegel magazine reported. The firm's supervisory board will make a decision on the move at a meeting next month, though it is not expected to be contested, the magazine said. "As is known, VW is examining entry into the Indian market. We are not commenting on further details," a Volkswagen spokesman said on Saturday. The plant would enable ...

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