Volkswagen to overhaul India business amid market pressures, company memo shows
Published on: Sept. 26, 2025, 5:27 p.m. | Source: The Economic Times
Volkswagen Group is restructuring its India operations as it faces a $1.4 billion tax demand, rising competition, and policy shifts. Skoda Auto, leading its India strategy, has hired external experts for a business review amid senior executive exits. Despite revenue growth, profits have plunged. The carmaker plans EV investments with local partners to sustain its presence in the market.
