Skoda and Volkswagen to develop components supply network in India |
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Published
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Thu, 22 Mar 2007 08:25
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MUMBAI (AFX) - Skoda India and Volkswagen AG will develop a local vendor base to supply components for its Indian operations, reported the Economic Times, citing SkodaIndia managing director Karsten Bogun.Skoda is planning to change its Indian strategy to full-scale manufacturing from an assembly operation and will also start to export fully built cars to Europe from its Indian facility, he said.'There will be synergies... and we are quite likely to work together on developing a strong vendor base here. We are quite satisfied with the quality of suppliers here and are looking to increase our local component sourcing,' the report quoted Bogun as saying.newsdesk@afxnews.comrba/ra/ms1COPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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Skoda to develop more components for VW - report 